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California Green-Lights $483 Million for Clean Transportation

November 5, 2018 by Emily Jackson

(Source: NGT News) The California Air Resources Board (CARB) recently approved a $483 million plan to fund clean car rebates, zero-emission transit and school buses, clean trucks, and other clean transportation and mobility pilot projects. The Fiscal Year 2018-19 Funding Plan for Clean Transportation Incentives, largely funded with cap-and-trade proceeds, is part of California’s comprehensive strategy for improving air quality and reducing greenhouse-gas (GHG) emissions in the transportation sector, the state’s largest source of air pollution and climate-changing gases, according to CARB. Of the $483 million total, $455 million (94%) comes from the cap-and-trade program; the remainder – $28 million – is from the Air Quality Improvement Program (AQIP). The funding plan prioritizes investments in disadvantaged and low-income communities, notes CARB. Read full article

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