California Tightens Auto Emission Rules
California air regulators pass sweeping auto emission standards Friday, including a mandate that requires 1.4 million electric and hybrid cars on the state's roads by 2025.
The California Air Resources Board unanimously approved the new rules, mandating a 75 percent reduction in smog-forming pollutants and a 50 percent reduction in greenhouse gas emissions by the same time frame. One in seven new cars sold in 2025 must also be electric or another form of a zero-emissions vehicle.
"Today's vote ... represents a new chapter for clean cars in California and in the nation as a whole," said Mary Nichols, the board's chairman, according to the Associated Press. "Californians have always loved their cars. We buy a lot of them and drive them. Now we will have cleaner and more efficient cars to love."
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Setting the pace for other states and the auto industry to follow, California's increasing strictness of auto emissions standards are often more influential and progressive than federal rules. Thus far, 14 other states have adopted California's emissions rules as their own and 10 have followed suit on its zero-emissions vehicle mandates.
Some companies protested the system, claiming that it would give some automakers credit towards the mandate for exceeding the new standards, while dealers argue it would make costs of all cars go up. However, others like Ford, Chrysler, GM and Nissan supported the new standards.
The board disputed the argument, explaining that fuel cost savings more than make up for vehicle price increases.
"Our research shows a $1,400 to $1,000 car price increase. But over the life of the vehicles, the owners save $6,000 in reduced fuel and maintenance costs," board spokesman David Clegern said.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.