California Air Resources Board approves $663M funding plan for clean cars, trucks, buses

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GRA

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Via GCC: http://www.greencarcongress.com/2017/12/20171215-arb-1.html

. . . The plan allocates $398 million to incentivize clean heavy-duty trucks, buses and freight projects, including $190 million for advanced-technology freight equipment such as yard trucks, forklifts and cranes. The majority of funding for the Fiscal Year 2017-18 plan comes from California’s cap-and-trade auction proceeds.

While diesel trucks account for only 2% of vehicles in the state, they emit the majority of the smog-forming pollution, and two-thirds of all diesel soot. In 1998, California identified diesel particulate matter as a toxic air contaminant based on its potential to cause cancer, premature death, and other health problems. . . .

Investments in the package include:

  • $188 million to promote the sale of clean trucks and buses through voucher incentives, driving the continued deployment of hybrid, low-NOx (nitrogen oxides), and zero-emission trucks and buses.

    $190 million for advanced-technology freight-related investments that will bring the cleanest vehicles and equipment to California's most impacted communities, transportation corridors and freight hubs.

    $20 million to make loans for clean trucks more widely available.

    $140 million to the Clean Vehicle Rebate Project, which offers up to $5,000 in vehicle rebates for the purchase or lease of new, eligible zero-emission and plug-in hybrid vehicles.

    $125 million to transportation equity projects focused on disadvantaged communities and low-income consumers. These include programs to scrap and replace older vehicles with up-to-date clean cars, cleaner school buses, and more electric car-sharing projects in disadvantaged communities.
While the incentive funding largely comes from the state’s cap-and-trade program, other funding is provided by the state’s Air Quality Improvement Program, the Volkswagen diesel emissions cheating scandal settlement and the new Zero- and Near-Zero Emission Warehouse Program.
 
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