Of those, California says there will be 500,000 fuel-cell or pure electric vehicles on the roads.
The Advanced Clean Car package of regulations put forward by the state’s Air Resources Board (ARP) should result in a 75 per cent reduction in smog-forming emissions by 2025 and cut greenhouse gas emissions by 52 million tonnes, the equivalent of taking 10 million cars off the streets.
In addition to curbing climate warming gases, the program will also save drivers $22 billion in fuel costs, the state’s Air Resources Board said.
Greenhouse gas emissions from cars will be cut 34 percent from 2016 levels. Many of the technologies that reduce climate change emissions also significantly reduce the operating costs of passenger vehicles on a month-to-month basis for consumers.
ARB notes the new technologies used to achieve smog and greenhouse gas standards could add about $1900 to the cost of vehicle, but that would be more than offset by $6000 in cost savings over the life of a car. This will reduce the monthly cost of a new car by $12, even when considering the higher cost of the loan or lease.
ARB economic analysis indicates that the overall savings generated by the proposed rules will result in an additional 21,000 jobs in California in 2025, rising to 37,000 in 2030.
The proposed Advanced Clean Cars package of regulations is designed to deliver:
• A savings of $5 Billion in operating costs in 2025 for California drivers. This will rise to $10 Billion in 2030 when more advanced cars are on the road;
• A 75 percent reduction in smog-forming emissions by 2025;
• Zero-emission or plug-in hybrid vehicles accounting for one in seven new cars sold in California in 2025 (15.4 percent);
• A total of 1.4 million zero-emission and plug-in hybrid vehicles on the road in California by 2025;
• A reduction of 52 million tons of greenhouse gases by 2025, the equivalent of taking ten million cars off the road;
• A cumulative reduction of more than 870 million metric tons of greenhouse gases through 2050.
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