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Electrifying Clean Vehicle Incentives

May 8, 2019

LOS ANGELES--(BUSINESS WIRE)--May 8, 2019--Today, Energy Independence Now (EIN) released a new white paper in partnership with the Leonardo DiCaprio Foundation. The publication reflects research and feedback from policymakers, automakers, and other key stakeholders to provide invaluable insights and recommendations to accelerate the zero-emission transportation future. California needs significantly more zero-emission vehicles (ZEVs), including both battery electric and hydrogen electric cars/trucks, to achieve its air quality and carbon reduction goals. The report concludes that well-designed incentives accelerate consumer adoption of ZEVs and enable greater deployment of electric charging and hydrogen fueling infrastructure.

“For almost two decades EIN has been a leading advocate for clean transportation for California and the rest of the nation,” said Leonardo DiCaprio Foundation CEO Terry Tamminen. “This report provides a unique perspective on how California’s public investments and consumer incentives strengthen the clean energy economy.”

The report’s key findings are especially timely because the financial incentives that have helped make ZEVs more attractive to consumers are beginning to run out, despite soaring sales in recent months.

“Nearly half of California’s GHG emissions come from the transportation sector and too many of our citizens suffer from poor air quality. Governor Newsom’s administration has the opportunity to set a global example by ensuring access to clean air and affordable zero emission transportation,” said EIN Executive Director Brian Goldstein. “This report outlines concrete steps that policymakers can take to meet our state’s ambitious climate and clean air goals by accelerating the transition to ZEVs.”

The Electrifying Clean Vehicle Report can be accessed at https://einow.org/zevincentives.

Energy Independence Now

EIN is the only environmental nonprofit organization whose mission is to reduce greenhouse gas emissions and harmful air pollution by advocating for hydrogen fuel cell electric vehicles and zero emission transportation infrastructure. EIN recently released a white paper outlining pathways to achieving 100% renewable hydrogen.

About the Leonardo DiCaprio Foundation (LDF)

LDF is dedicated to the protection and wellbeing of all Earth’s inhabitants. We support projects around the world that build climate resiliency, protect vulnerable wildlife, and restore balance to threatened ecosystems and communities.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190508005795/en/

CONTACT: Media Contact:

Justo Robles

(424) 345-2827

justo@einow.org

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY ENTERTAINMENT CELEBRITY MANUFACTURING AUTOMOTIVE MANUFACTURING ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE PHILANTHROPY ENVIRONMENT GENERAL AUTOMOTIVE FOUNDATION

SOURCE: Energy Independence Now

Copyright Business Wire 2019.

PUB: 05/08/2019 02:56 PM/DISC: 05/08/2019 02:56 PM

http://www.businesswire.com/news/home/20190508005795/en