02 Jun '18, 10pm

California PUC Approves Massive Transportation Electrification Program

Following the announcement by the California PUC, the Natural Resources Defense Fund issued a statement saying, “This marks the nation’s single largest investment by the electric industry to eat away at Big Oil’s longtime monopoly over transportation fuels. Diverting billions of gasoline and diesel fuel dollars that would otherwise go to oil companies can help lower transportation fuel bills — and also utility bills because electric vehicles can be charged when there is spare capacity in the electric grid. This spreads the costs of maintaining the grid over more sales, putting downward pressure on electric rates to the benefit of all utility customers.”

Full article: https://planetsave.com/2018/06/02/california-puc-approves...

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