January 7, 2021

According to CNBC:

“Tesla and other electric vehicle makers stand to benefit handsomely if California passes Governor Newsom’s proposed $4.5 billion 2021 budget for economic stimulus in the state.

“The 2021 proposal, which Newsom previewed on Tuesday, includes $1.5 billion earmarked to help people and businesses purchase electric or hydrogen vehicles and equipment, and to invest in construction and maintenance of charging and fueling infrastructure, which would be needed to support expanded use of these vehicles in the state.

“Newsom’s proposal also dedicates $300 million to maintenance and ‘greening’ of state infrastructure, and would allow installation of electric vehicle charging stations at all state-owned facilities. That could include charging stations from the likes of Tesla, ChargePoint, Electrify America (part of the Volkswagen Group) and Volta Charging.

“After a year of extreme wildfires harming his constituents and the California economy, Newsom has said many times over that he views pollution and climate change as an emergency that requires immediate action. To that end, in September 2020, the governor signed an order banning sales of new internal combustion engine vehicles in California by 2035. The order would still allow gasoline vehicles to be owned and sold on the used-car market but could ostensibly help reduce greenhouse gas emissions by making these vehicles more scarce.

“The newly proposed 2021-2022 budget could benefit any makers of electric and hydrogen vehicles selling used or new vehicles in California, and there are more than ever coming in 2021. According to AutoForecast Solutions Vice President of Global Vehicle Forecasting, Sam Fiorani, in the next year alone, eleven new North American-built electric vehicles are expected to enter the domestic market, along with an updated Tesla Model S.” [CNBC, 1/6/21

In September of last year, California Governor Gavin Newsom issued an executive order ‘requiring sales of all new passenger vehicles to be zero-emission by 2035.’ He was following the tsunami of countries that are already making the transition to electric vehicles. He did get the ball rolling for the U.S.A. In October, New Jersey followed suit, with a climate change report recommending by that same date ‘a rapid and complete transition away from fossil-powered vehicles’ to meet emission reduction goals. The two states have international company. In the European Union, passenger cars and vans represent 15 percent of carbon emissions,

Norway’s 2017 Transport Plan says that sales of passenger cars and light vans are to be zero emission (meaning electric or fuel cell) by 2025. Other countries have made commitments: Great Britain (2030, with hybrids until 2035), Denmark (2030, with plug-in hybrids until 2035), Iceland (2030), Ireland (2030), Holland (2030), Sweden (2030), Slovenia (2030), Scotland (2032), France (2040) and Spain (2040). In Asia, we’ve got plans with various levels of determination in China (researching a timetable), India (2030), Japan (2035), Singapore (2040), Taiwan (2040) and Sri Lanka (2040). Let’s not forget Israel, which wants to permit only natural gas and electric cars after 2030. 

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