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CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

billion investment plan to support the transition to zero-emission transportation. Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. 381 million for clean transportation equity projects.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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CARB approves $483M funding plan for clean transportation investments; 94% of funding from cap-and-trade

Green Car Congress

The California Air Resources Board approved a $483 million plan to fund clean car rebates, zero-emission transit and school buses, clean trucks, and other innovative, clean transportation and mobility pilot projects. billion for low-carbon transportation projects from the cap-and-trade program.

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SIDBI and BluSmart collaborates to deploy 140+ electric cars for ride hailing service – ET Auto

Baua Electric

SIDBI also supports other lenders by reducing their perceived risks, making the financing of EVs more accessible. The Delhi EV Policy is noted as the most progressive in India, and the ABCD initiative aims to complement this policy, promoting a cleaner capital city.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

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Reducing Black Carbon Emissions and Ground-Level Ozone Would Provide Immediate Benefit Against Climate Change

Green Car Congress

Reducing emissions of black carbon soot and ground-level ozone would quickly make a considerable dent in the climate change problem and would also contribute to public health and protect crop yields, according to an essay in the September/October issue of Foreign Affairs. Besides a danger to breathe, ozone lowers crop yields.

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Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

Green Car Congress

US states are in a unique position to bring down transportation-related GHG emissions, given their primary role in setting statewide transportation policy and directing large amounts of transportation funding. However, most states use few of the available transportation policy tools to reduce.