UK government announces £48M for Ultra-Low Emission Buses #ULEB; at least 30% less GHG than Euro VI bus https://t.co/nvtqryzTiU
UK Transport Minister Nusrat Ghani announced a new Ultra-Low Emission Bus (ULEB) Scheme. The program will see local authorities and operators in England and Wales bid for a share of a £48 million (US$667.5 million) fund, which they can use to buy hundreds of new ultra-low emission buses as well as the infrastructure to support them. To qualify as an ultra-low emission bus, buses must produce at least 30% less GHG emissions than a conventional Euro VI bus and meet Euro VI engine regulations. The funding model for the grant will use a sliding scale based on a fixed value (the “efficiency value”) per gram of Well-To-Wheel carbon dioxide equivalent per kilometer (£ per gCO2 e/km) saved (the “base grant”). Under this model, bids will be awarded £150 per gram CO2 equivalent saved against the baseline. There will also be a ‘top-up’ amount available for bidders that wish to purcha...