May 5, 2017 by Ronjoy Bezbarua
(Source: Central Valley Business Times) The California Air Resources Board says the state’s “climate investments” in zero-emission vehicles have reached $599 million since 2013, putting hundreds of thousands of ultra-clean cars, and entire fleets of zero-emission trucks and buses on California roads and highways. “Investing in zero-emission cars, trucks and buses is a smart and effective use of cap-and-trade proceeds,” says CARB Chairman Mary Nichols. “It generates thousands of clean-tech jobs in California, helps bring these ultra-clean vehicles to market sooner, and places them in the communities that have the greatest need of clean air.” The funding is from California Climate Investments, a statewide program that puts billions of cap-and-trade dollars to work reducing greenhouse gas emissions, strengthening the economy and improving public health and the environment, particularly in disadvantaged communities. Since the transportation sector overall is by far the largest contributor to the state’s total annual greenhouse gas emissions, a major focus of the climate investment program has been supporting the development and deployment of next-generation zero-emission trucks, cars and buses, CARB says. Read full article….