IN PRINT — Natural Investments: Will carbon taxes boost natural gas trucking?
Times were different when C.A.T. signed the deal for 100 trucks that run on Compressed Natural Gas. The Canadian and U.S. dollar were essentially valued at par, increasing the fleet's buying power on U.S.-made equipment. Quebec's provincial government also pledged $15,000 per truck, helping to offset any sticker shock around the emission-friendly designs, and natural gas was clearly cheaper than diesel when oil was close to $100 per barrel.