Roughly USD 912m Earmarked for Clean Energy in California Budget Revision
(Renewables Now) California governor Gavin Newsom has presented a revision plan for the state’s 2021-2022 budget that earmarks USD 912 million (EUR 749.6m) for energy investments, including offshore wind, storage and green hydrogen.
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Investments in the energy sector will seek to speed up California’s progress towards meeting its clean energy goals. In particular, USD 350 million are set to be allocated for “pre-commercial long-duration storage projects” and USD 250 million will go for improving energy efficiency in the industrial sector. Another USD 110 million is planned to support the production of green hydrogen so as to lower the state’s reliance on gas. The offshore wind industry, meanwhile, will get USD 20 million in state money.
The budget document also contains USD 35 million for transmission planning and USD 125 million to reduce energy use at food production facilities.
Another point of the governor’s proposal envisages USD 1.4 billion for 2021-2022 to demonstrate and purchase or lease green buses and trucks. READ MORE
CLEAN POWERCalifornia Governor Newsom Taps Budget Surplus For Clean Energy (Clean Technica/NRDC)
Excerpts from Clean Technica/NRDC:
- $495 million over three years to fund the Strategic Growth Council’s Transformative Climate Communities program, which empowers the communities most impacted by pollution to choose their own goals, strategies, and projects to reduce greenhouse gas emissions and local air pollution.
- $200 million to remediate and protect local communities from abandoned oil wells.
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Zero-Emission Vehicles ($1.8 billion/$3.2 billion over three years), including:
- $1.4 billion to put three thousand zero-emission drayage trucks, school buses, and transit buses (with the necessary infrastructure) on California roads to clean the air.
- $250 million to expand Clean Cars 4 All, which enables low-income Californians to scrap their old car and replace it with a new or used option that is less polluting and more efficient.
- $400 million for consumer rebates for new ZEV purchases through the Clean Vehicle Rebate Project, with funding set aside to provide increased rebates for lower-income vehicle buyers. READ MORE
