Obama: All New Federal Vehicles to be Alt Energy Starting in 2015
President Barack Obama said Wednesday that starting in 2015, all new cars and trucks bought by the federal government will be hybrids, electric vehicles and other alternative-fuel vehicles.
The government operates more than 600,000 fleet vehicles.
Obama, in a far-ranging speech about U.S. energy policy at Georgetown University, said the administration also plans to form partnerships with private companies "that want to upgrade their large fleets" with alternative-fuel vehicles.
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President Obama challenges the nation to be first to put 1 million electric cars on the road by 2015
The new subsidy level represents a 33 percent jump from the current $7,500 government payout for each plug-in car buyer.
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