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Tote Maritime urges Washington to retain LNG tax preference for marine fuel
Summary
Tote Maritime Alaska told the Citizens Commission that state tax preferences for liquefied natural gas helped the company convert vessels, reduce emissions and build fueling infrastructure, and urged continued tax parity for alternative marine fuels.
Tacoma-based Tote Maritime Alaska urged the Citizens Commission for Performance Measurement of Tax Preferences to maintain existing tax preferences for liquefied natural gas as a marine transportation fuel during public testimony in September. Joey Halverson, vice president of operations for Tote, said the credits were essential to the company’s investments in cleaner-burning fuel and infrastructure.
Halverson said Tote converted its Orca-class vessels to LNG and that the conversions produced “approximately 25 to 30% reduction in greenhouse gases emissions compared to ultra low…
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