Government can help the natural gas vehicle industry to gain a foothold in the market, but isn’t likely to work as a stimulus in the long run because many executives distrust its abilities to sustain support, according to the head of a leading maker of natural gas engine technology.
David Demers, chief executive of Westport Innovations said incentive programs are always fragile because they are subject to shifting political winds, and can cause serious disruption if they are withdrawn, so business leaders are more inclined to build their models on the basis of market forces. Keep reading →