article thumbnail

Nine states and DC to design regional approach to cap greenhouse gas emissions from transportation

Green Car Congress

The participants intend this program to be implemented on a regional basis after a critical mass of Northeast and Mid-Atlantic states have completed the legal processes to implement the agreed upon pricing mechanism. Earlier this year, TCI jurisdictions hosted a series of six regional listening sessions that informed the new statement.

article thumbnail

Daimler reaches agreements in principle to settle regulatory ($1.5B) and civil ($700M) proceedings in the US regarding diesel emissions

Green Car Congress

Daimler AG and MBUSA have also reached an agreement in principle with plaintiffs’ counsel to settle the consumer class action “In re Mercedes-Benz Emissions Litigation,” which is pending before the US District Court for the District of New Jersey. For the settlements with the US authorities, Daimler expects costs of approx.

Diesel 170
article thumbnail

BASF to carve out mobile emissions catalysts business, invest up to €4.5B in battery materials and recycling

Green Car Congress

BASF Automotive Catalysts and Recycling will be a distinct legal entity structure, headquartered in Iselin, New Jersey, and will be led by Dirk Bremm as CEO. Throughout this process, BASF’s top priority is business continuity for its customers, partners and employees.

Emissions 170
article thumbnail

New York to invest $127.7 million Volkswagen settlement in clean vehicles

Green Car Congress

With the support of the Attorney General's Office, New York received $127.7 million as part of this legal settlement. The funds were secured through the Attorney General’s settlement with Volkswagen in close collaboration with DEC.

New York 231
article thumbnail

California gas vehicle ban faces pushback from 17 states

Teslarati

.” At the same time, 14 states, including Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont, Washington, and the District of Columbia, follow CARB standards as well, meaning that regulation regarding ICE sales would be far-reaching.

article thumbnail

Tesla shareholders to fight huge attorney fee in Musk pay case

Teslarati

Tesla shareholders are set to head to court this week to fight against attorney requests for billions in legal fees, as part of the case in which a Delaware judge voided CEO Elon Musk’s $56 billion compensation plan earlier this year. Last month, the legal team last month adjusted its request to just $1.44

article thumbnail

EPA Grants California Vehicle GHG Regulations Waiver

Green Car Congress

EPA also found that the California program meets legal requirements regarding the protectiveness of public health and welfare as well as technological feasibility. In granting the California waiver, EPA found that California continues to have a need for its motor vehicle emissions program, including the greenhouse gas standards.

EPA 150