Remove Affordable Remove Climate Remove Gas-Electric Remove Resource
article thumbnail

California Climate Investments has funded $9 billion in projects to reduce greenhouse gases

Green Car Congress

California Climate Investments —a program designed to put billions of dollars to work to reduce greenhouse gas emissions—is funded with proceeds from the State’s Cap-and-Trade GHG emissions reduction program and is administered by the California Air Resources Board (ARB). Approximately $4.5 Background.

Climate 186
article thumbnail

California cap-and-trade spending doubles to $1.4 billion in 2018; xEV rebates, affordable housing, wildfire prevention, public transit

Green Car Congress

An annual ' tracking the progress of California Climate Investments, released by the California Air Resources Board and the California Department of Finance, finds that nearly $1.4 Projects funded to date are achieving the overall goal of California Climate Investments by reducing greenhouse gas emissions by more than 36.5

article thumbnail

Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

Green Car Congress

Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. First, apply electricity generated from renewable sources to obtain hydrogen from water. to make synthetic gasoline, diesel, gas, or kerosene. Then add carbon.

Renewable 300
article thumbnail

Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

California’s current strategy of recovering a myriad of fixed costs in electricity usage rates must change as the state uses more renewable electricity to power buildings and vehicles, according to the findings from a new report from the Energy Institute at the UC Berkeley Haas School of Business and non-profit think tank Next 10.

article thumbnail

BC government unveils climate plan

Green Car Congress

The government of British Columbia recently unveiled its Climate Leadership Plan , targeting the reduction of net annual greenhouse gas emissions by up to 25 million tonnes below current forecasts by 2050 and the creation of up to 66,000 jobs over the next ten years. —Climate Leadership Plan. Carbon pricing mechanisms.

Climate 150
article thumbnail

New California program to make clean cars affordable for lower-income residents

Green Car Congress

The California Air Resources Board announced a new statewide grant and loan program to help lower-income consumers across California get into the cleanest new and used cars on the market. The Clean Vehicle Assistance Program, run by the Oakland-based nonprofit Beneficial State Foundation, was launched with a $5-million CARB grant.

Clean 210
article thumbnail

CARB releases 2022 draft Scoping Plan update

Green Car Congress

The California Air Resources Board (CARB) has released the draft 2022 Climate Change Scoping Plan —the third update to the state’s initial 2008 Scoping Plan. The draft 2022 Climate Change Scoping Plan was developed by the California Air Resources Board in collaboration and coordination with multiple state agencies.