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California policymakers want feedback on how to make it easier to finance electric trucks, buses

Update: The California Air Resources Board is hosting a public work group meeting on May 4 at 1:00pm PST to discuss the new Proposed Zero Emission Loan Pilot within the Truck Loan Assistance Program. Stakeholder input is needed to determine how loans should work under SB372. There will be future meetings on other elements of SB372 to come. Please click here for more information.

Last year the California State Legislature passed Senate Bill 372, an important new bill that will help finance the next generation of zero-emission trucks. The law directs the California Air Resources Board and the California Pollution Control Financing Authority in the State Treasurer’s Office to offer financial and non-financial tools to help owners of medium- and heavy-duty trucks and buses pay for the costs of replacing their diesel-fueled fleets with cleaner, ZEV alternatives.

This bill is meant to bring key stakeholders to the table — environmental justice groups, truck manufacturers, fleets, financiers, nonprofit organizations and others — to find the solutions that will work for fleets to transition to zero-emission MHD vehicles.

Based on conversations EDF had with fleets, financiers and others, about what they need to invest in ZEV trucks, we discovered that it is critical to bring stakeholders to the table in order to find out what works, recognizing that multiple options are needed, because when it comes to fleets, one size does not fit all.

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Groundbreaking clean truck initiative will reduce air pollution in California

California recently released new details of a plan to bring more affordable electric trucks, vans and buses to market while also reducing harmful air pollution. The latest proposal reflects calls from California Air Resources Board members to increase the number of electric trucks sold under the rule and to ensure that the benefits of cleaner air they bring will reach disadvantaged communities.

If adopted, the state will require truck manufacturers to produce more electric or zero-emission vehicle options. Beginning in 2024, at least 9% of vocational trucks (like package-delivery vans and beverage-delivery box trucks) will need to be electric (or another kind of ZEV). By 2035, nearly 75% of these trucks will be electric or ZEV. The proposal sets similar schedules for other truck types.

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California’s smart and economically savvy plan for electrifying trucks

California is working on a bold new plan that will put more electric trucks on the streets, and take dangerous pollution out of the air. Under this plan, manufacturers of medium- and heavy-duty trucks will be required to sell more new electric and fuel-cell options in California, starting in 2024. The final details of this rule will be released over the next few months.

The rule stands to have huge benefits for the 12 million Californians who live in areas with high levels of air pollution. Despite making up just 7% of vehicles on the road, medium- and heavy-duty trucks release 35% of the state’s total NOx and 25% of diesel particulate matter, significantly impacting nearby communities’ health. In fact, vehicles and the fossil fuels that power them create more air pollution and greenhouse gas emissions than any other source across the state.

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How companies are using electric trucks to reduce air pollution and save money

Earlier this year, Amazon announced it would purchase 100,000 electric trucks like this one as part of its efforts to reduce the company’s carbon footprint.

What do Amazon, Goodwill and PepsiCo have in common? They’re all investing in heavy-duty electric trucks. It’s a move that’s making great strides to reduce air pollution and save money.

Fortunately for these companies, making the switch to electric fleets is about to get a whole lot easier. The California Air Resources Board has just proposed a new standard that will require heavy-duty automotive manufacturers to produce more electric, zero-emission vehicles. Beginning in 2024, there could be thousands more new electric fleet vehicles on the market in California.

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New bill provides California with a powerful tool to reduce emissions and improve air quality

A new bill (AB 1328) just passed in the California legislature and is awaiting Gov. Newsom’s signature. The bill requires California’s Division of Oil, Gas, and Geothermal Resources, in consultation with the California Air Resources Board, to initiate an independent evaluation of the climate and health pollution impacts from idle, deserted and abandoned wells Just like active production sites, these inactive oil and gas wells can leak pollution, affecting communities through climate change and health impacts.

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Sacramento leads by example on cleaner energy with help from electrification

Good news for California’s clean energy fans. Last week the Board of Directors of the Sacramento Municipal Utility District (SMUD) approved an aggressive new plan that will help push California’s capitol city and its surrounding area closer to meeting, and beating, the state’s deep carbon reduction goals. Once implemented, SMUD will help create a cleaner energy and transportation system for the region.

The importance of SMUDs proposed investment shouldn’t be understated, nor should its impact. Between now and 2040, the utility plans to invest nearly $7 billion toward projects that generate renewable energy and help switch consumers’ energy use away from fossil fuels like natural gas and gasoline. This powerful commitment goes above and beyond the greenhouse gas reforms required by the state, and will enable the region to be net zero for climate pollution in a little more than 20 years.

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