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Senate Bill 375 was introduced as a bill in order to meet the environmental standards set out by the Global Warming Solutions Act of 2006 (AB 32). Since its implementation in 2006, AB 32 has facilitated the passage of a cap-and-trade program in 2010 which placed an upper limit on greenhouse gas levels emitted by the state of California.
Governor Jerry Brown issued an executive order in March 2012 that established the goal of getting 1.5 million zero-emission vehicles (ZEVs) in California by 2025. [12] [13] In addition, in September 2014, Governor Brown signed into law bill SB 1275 that created the Charge Ahead California Initiative, and set the goal of placing at least 1 million zero-emission vehicles and near-zero-emission ...
When California raised its own standards, the auto companies sued. [99] [100] The Big Three received funding for a $25 billion government loan during October 2008 to help them re-tool their factories to meet new fuel-efficiency standards of at least 35 mpg ‑US (6.7 L/100 km; 42 mpg ‑imp) by 2020. The $25 billion in loans from the Department ...
From January 2008 to December 2012, if you bought shares in companies when Irvine O. Hockaday, Jr. joined the board, and sold them when he left, you would have a 92.0 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
On June 1, 2010, the Chinese government announced a trial program to provide incentives up to CN¥ 60,000 (~ US$9,281 in June 2011) for private purchase of new battery electric vehicles and CN¥ 50,000 (~ US$7,634 in June 2011) for plug-in hybrids in five cities.
California has led the United States from 2010 to 2017 with its sustainable energy plans (also known as "clean energy"), with Clean Edge's Clean Energy Index for 2017 rating it at 92.0, with the second ranked state being Massachusetts, at 77.8, and North Dakota the lowest at 8.0. California is the only state with extensive deployment of wind ...
Kat Aoki is a seasoned finance writer who's written thousands of articles to empower people to better understand technology, fintech, banking, lending and investments. Her expertise has been ...
Californian Governor Arnold Schwarzenegger issued Executive Order S-1-07 on January 19, 2007, to enact a low-carbon fuel standard (LCFS). [14] [15] The LCFS requires oil refineries and distributors to ensure that the mix of fuel they sell in the Californian market meets the established declining targets for greenhouse gas (GHG) emissions measured in CO 2-equivalent grams per unit of fuel ...