13 Mar '18, 4pm

Important issues brewing here, including for the finances of Tesla.

Important issues brewing here, including for the finances of Tesla.

As the Trump EPA mulls whether to weaken U.S. fuel efficiency rules next decade, California has radically increased its commitment to zero emission vehicles (ZEVs). Last Friday, Governor Jerry Brown announced he’d signed an executive order calling for an increase of ZEVs on California roads to 5 million by 2030, or a 15-fold increase from today’s number. The news came after his state of the state speech the day prior had touched on some of its points. Brown’s action now proposes to take the state well beyond Executive Order B-16-12 of 2012 which called for 1.5 million zero-emission vehicles in California by 2025. “California is taking action to dramatically reduce carbon emissions from transportation – a sector that accounts for 50 percent of the state’s greenhouse gas emissions and 80 percent of smog-forming pollutants,” said the governor’s office in a statement. Californ...

Full article: http://www.hybridcars.com/california-mandates-radical-zev...

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