Sunday, August 24, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

California regulator sees 2035 EV mandate as ‘sweet spot’ By Reuters

by Reuters
September 20, 2022
in Finance
Reading Time: 2 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: Electric cars sit charging in a parking garage at the University of California, Irvine January 26, 2015. REUTERS/Lucy Nicholson/File Photo

By David Shepardson

NEW YORK (Reuters) – California’s choice of 2035 as the deadline to end gasoline-only new car sales was the “sweet spot” that will sharply cut emissions but was also realistic for the industry, the head of the state’s clean air regulator said on Tuesday.

“We had to be cognizant of where the automakers are, where the supply chains are, where the production facilities are,” California Air Resources Board (CARB) chair Liane Randolph told Reuters in an interview during Climate Week, a summit that takes place alongside the U.N. General Assembly.

“I feel like we landed at the sweet spot.”

In August, CARB said it would require all new vehicles sold in California by 2035 to be electric or plug-in hybrid electrics (PHEVs) after Governor Gavin Newsom issued a 2020 executive order directing the move. CARB said the rules will reduce smog-causing pollution from light-duty vehicles by 25% by 2037 and result in 9.5 million fewer conventional vehicles sold by 2035. Automakers in 2035 can sell no more than 20% of models as PHEVs.

California was not as aggressive as some environmental groups wanted, or Tesla (NASDAQ:), which urged ending new gas-powered vehicles by 2030.

“Of course an EV-only automaker is going to want as high a standard as possible because that is going to create a market for their credits,” Randolph said.

California needs a waiver from the U.S. Environmental Protection Agency to adopt the 2035 rules, which will open the request for public comment. “Obviously it’s their decision to make but I mean that’s why the waiver exists. So California can move forward and protect its residents,” she said.

President Joe Biden has called for 50% of all new vehicle sales by 2030 to be EVs or plug-in hybrids but not endorsed a phase-out date.

Some states that previously adopted California’s zero emission vehicle rules have not yet signed on for the tougher 2035 phase-out date. A spokesman for Colorado’s environmental agency told Reuters, “Colorado is certainly not California and Colorado has our own plan.”

Randolph said “some states are ready right now” to adopt 2035 while others will “get more comfortable as the models continue to roll out.”

She said the regulator has other transportation emissions reductions in the works on medium- and heavy-duty trucks and for in-state locomotives. Randolph added the state is “working really hard on looking at the Imperial Valley as a potential source of lithium” for EVs.



Source link

Tags: CaliforniamandateRegulatorReutersseesSpotSweet
Previous Post

Leicester: Call for calm after Hindu-Muslim unrest in UK city | Islamophobia News

Next Post

Two large shocks in quick succession—how can Europe avoid another decade of growth disappointment?

Related Posts

Best money market account rates today, August 24, 2025 (best account provides 4.41% APY)

Best money market account rates today, August 24, 2025 (best account provides 4.41% APY)

by Casey Bond
August 24, 2025
0

Learn the way a lot you possibly can earn with as we speak’s cash market account charges. The Federal Reserve...

Disaster Prediction and Alerts Would Thrive in the Free Market

Disaster Prediction and Alerts Would Thrive in the Free Market

by Daniel Sterbuleac
August 24, 2025
0

If in January 2018 you discovered your self on the islands of Hawaii for a calming vacation, your winter break...

Recession specials could be the latest sign of deteriorating consumer sentiment

Recession specials could be the latest sign of deteriorating consumer sentiment

by Lisa Kailai Han
August 23, 2025
0

An indication outdoors Brooklyn espresso store Intelligent Mix presents a $6 gelato and espresso "recession particular."Lisa Kailai Han | CNBCAs...

Links 8/23/2025 | naked capitalism

Links 8/23/2025 | naked capitalism

by Yves Smith
August 24, 2025
0

What a stunning Little Girl! Kent animal sanctuary broadcasts start of candy snow leopard cub Each day Mail (Li) Dimension...

Stocks Rally Sharply on Dovish Fed Chair Powell

Stocks Rally Sharply on Dovish Fed Chair Powell

by Barchart
August 23, 2025
0

The S&P 500 Index ($SPX) (SPY) on Friday closed up by +1.52%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +1.89%,...

Debt, Destiny, and Dalio: A Review of How Countries Go Broke

Debt, Destiny, and Dalio: A Review of How Countries Go Broke

by AIER
August 24, 2025
0

Famed investor Ray Dalio makes the case in How International locations Go Broke that the US authorities is just too...

Next Post
Two large shocks in quick succession—how can Europe avoid another decade of growth disappointment?

Two large shocks in quick succession—how can Europe avoid another decade of growth disappointment?

Stitch Fix, Beyond Meat, Ford

Stitch Fix, Beyond Meat, Ford

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Chinese airlines apply for slots at Delhi, initiate steps to resume flights

Chinese airlines apply for slots at Delhi, initiate steps to resume flights

August 24, 2025
Israeli military targets Yemen’s Sanaa after Houthi attacks | Israel-Palestine conflict News

Israeli military targets Yemen’s Sanaa after Houthi attacks | Israel-Palestine conflict News

August 24, 2025
Walker And Dunlop Tries To Stay Healthy In A Struggling Market (NYSE:WD)

Walker And Dunlop Tries To Stay Healthy In A Struggling Market (NYSE:WD)

August 24, 2025
I couldn’t find an ideal pet app, so I used Notion instead

I couldn’t find an ideal pet app, so I used Notion instead

August 24, 2025
Best money market account rates today, August 24, 2025 (best account provides 4.41% APY)

Best money market account rates today, August 24, 2025 (best account provides 4.41% APY)

August 24, 2025
Why the Donbas Is the Key to the Ukraine War

Why the Donbas Is the Key to the Ukraine War

August 24, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Chinese airlines apply for slots at Delhi, initiate steps to resume flights

Israeli military targets Yemen’s Sanaa after Houthi attacks | Israel-Palestine conflict News

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In