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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

Financing 221
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California adds $72.5M for cleaner diesel trucks, deployment of advanced vehicle technologies

Green Car Congress

million in funding for state programs that will improve public health by helping to clean up California’s fleet of cars, trucks and buses. This program provides vouchers of up to $55,000 to help California fleets purchase cleaner, advanced technology trucks and buses.

Cleaner 246
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CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

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. Support for commercial harbor craft: Dedicates $60 million for cleaner commercial harbor craft. 381 million for clean transportation equity projects.

Cleaning 326
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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

In coming months, the plan notes, the Department of Transportation will work with other agencies to further explore strategies for integrating alternative fuel vessels into the US flag fleet. In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The transition from coal toward cleaner sources in developing nations is underway. After peaking at 84GW of new capacity added in 2015, coal project completions plummeted to 39GW in 2018.

Coal 243
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California to receive more than $236M to support transit agencies’ transition to zero-emission buses

Green Car Congress

This funding comes from DOT’s Buses and Bus Facilities Program and Low or No Emission Vehicle (Low-No) Program, helping transit agencies purchase and lease new, cleaner vehicles and renovate and construct the infrastructure needed for zero-emission transit vehicles. FAST Forward with Fairfield: The FAST Bus Fleet Electrification Project.

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CARB approves $1.5B investment in clean cars, trucks, mobility options for FY 2021-22

Green Car Congress

billion investment plan that will increase access to clean vehicles and clean mobility options through a wide variety of projects that support the transformation of California’s vehicle and equipment fleet to zero-emission. Supported projects range from consumer rebates for clean cars to incentives for cleaner trucks, and mobility options.

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