What California’s Ban On Gasoline Car Sales Means For Clean Tech via Qai_Invest
Crypto Price Prediction: $100,000 Bitcoin Could Come Even Sooner Than You Think With Ethereum Leading The Way
But CARB projections estimate that the gas car ban will lower greenhouse gas emissions from cars and light trucks 62% between 2026 and 2040. That’s equivalent to nearly 400 million metric tons of greenhouse gas, or burning 915 million barrels of oil. California’s ruling is significant – and legal – thanks to its relationship with the federal Clean Air Act.
Similarly, Colorado Governor Jared Polis notes that the state won’t adopt the rule. The Colorado Energy Office supported his position, citing skepticism about “requiring 100% of cars sold to be electric by a certain date as technology is rapidly changing.” Companies that participate in the EV infrastructure chain also stand to benefit, like construction companies that build EV charging stations and miners and refineries that produce battery components.
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Biden's energy secretary says she supports California gas vehicle banEnergy Secretary Jennifer Granholm offered her support for California's ban on gas-powered vehicles after 2034, adding that the state was 'leaning in.'
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