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EPA and Accion offer truckers microloans for SmartWay fuel efficiency upgrades

The EPA and Accion (a non-profit organisation in New York and New Jersey) have created a partnership to provide long-haul truckers with microloans with special conditions. The agreement comes under EPA's SmartWay program, which aims to reduce pollution generated by road freight.

With these microloans, truckers will be able to improve long-haul trucks by acquiring the SmartWay Upgrade Kit. What's in the kit? Well, ways to reduce idling, add low rolling resistance tires, move to advanced aerodynamics, and upgrade the truck's exhaust after-treatment devices. This will allow truckers to reduce emissions and spend less money on fuel. The microloans also helps drivers keep credit ratings intact.

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[Source: Accion]

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