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CARB launches $25M pilot program to help small trucking fleets transition to zero-emission technologies

Green Car Congress

The California Air Resources Board will launch a new pilot program that aims to help small trucking fleets make the transition to zero-emission technologies. The pilot will provide $25 million to implement a range of innovative solutions to help small fleets make the transition to zero-emissions.

Fleet 334
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power. —IEA Executive Director Fatih Birol.

Russia 458
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SafeAI, Siemens, Obayashi collaborate to bring retrofitted autonomous, zero-emission heavy vehicles to off-road industries

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SafeAI, a global leader in autonomous heavy equipment, announced a collaboration with Siemens today to create an autonomous, zero emission heavy vehicle fleet for Obayashi Corporation. Not to forget, retrofit is a form of reuse or recycle and hence in line with circular economy principles to better meet net zero goals.

Emissions 397
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BNEF: net-zero road transport by 2050 still possible, but big push needed

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The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO).

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Volvo Cars successfully places first green bond, raises €500M

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The proceeds of the bond will be used to fund the design, development and manufacturing of fully electric cars in line with the company’s recently established Green Finance Framework. The financial community has a critical role to play in supporting sustainable development, including the transition to a low carbon economy.

Volvo 514
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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. The EPA has established that cellulosic biofuels reduce greenhouse gas emissions by at least 60% when compared to gasoline. Sinobioway is a leading Chinese company engaged in the bio-economy. Canada-based Enerkem Inc.,

Waste 199
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FCA US reaches settlements on diesel emissions at estimated cost of $800M

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FCA US has reached final settlements on civil, environmental and consumer claims with US federal and state agencies as well as private class actions to resolve differences over diesel emissions requirements. The software reflash does not affect average fuel economy, drivability, durability or refinement of the vehicles. .

Cost Of 312