Full Title: CFS and Transportation Markets Report
Author(s): 3 Degrees
Publisher(s): 3 Degrees
Publication Date: June 1, 2024
Full Text: Download Resource
Description (excerpt):
Recent developments in the first half of 2024 highlight clear momentum toward transportation decarbonization. A critical driver of this progress is the strong regulatory frameworks being established. The Environmental Protection Agency (EPA) has proposed stricter emissions standards for heavy-duty trucks and buses, aiming to significantly reduce greenhouse gas emissions and promote the adoption of electric vehicles (EVs) in the slower-to-decarbonize heavy-duty sector. Moreover, the US Court of Appeals’ decision to uphold the EPA’s approval of California’s stringent vehicle emissions standards sets a powerful precedent. California’s aggressive push towards EVs and
lower emissions continues to serve as a model for other states, reinforcing the importance of stringent regulatory measures in driving environmental progress.