Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. NASDAQ OMX GlobeNewswire Message Board

An Open Letter to ARB: Don’t Miss Out on Califor

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 301275
(Total Views: 325)
Posted On: 05/25/2018 11:45:39 AM
Avatar
Posted By: News Desk 2018
An Open Letter to ARB: Don’t Miss Out on California’s Opportunity for the Fastest, Most Cost-Effective Path to Cleaner Air

SACRAMENTO, Calif., May 25, 2018 (GLOBE NEWSWIRE) -- The following is an open letter from Allen Schaeffer, executive director of the Diesel Technology Forum, regarding the California Air Resources Board’s scheduled vote on the State’s spending plans for $423 million from the Volkswagen Environmental Mitigation Trust. To members of the California Air Resources Board (ARB): Today, California has an opportunity to take a tremendous step forward for cleaner air for the communities that most need it, but only if it alters its approach. This afternoon, you will vote on the state’s plan to spend $423 million from the Volkswagen (VW) Environmental Mitigation Trust. With the right approach, these funds could deliver substantial nitrogen oxides (NOx) emission reductions to California’s most disadvantaged communities immediately. Unfortunately, ARB’s draft plan ignores the fastest, most effective path to cleaner air. This draft plan mistakenly places a higher value on its vision for the future, instead of on its ability to attain immediate NOx reductions using technologies that are proven and ready today. The most cost-effective near-term NOx reduction technologies are not zero-emissions technologies but advanced internal combustion engine technologies. These cost-effective options are available today, not 5, 10 or more years from now, and they don’t depend on installing new infrastructure or waiting for consumer purchasing decisions to align with new technology availability. Moreover, ARB’s draft plan is out of step with what Californians really want. A recent public opinion poll conducted among more than 2,000 Californians across the state confirms that 70 percent of California voters are not willing to sacrifice what makes sense in the present energy environment entirely for the future prospect of a better one. Yet, under ARB’s draft spending plan, communities located near freight corridors (like the I-710 freeway), in congested urban areas or in the San Joaquin Valley will have to continue to wait for air quality improvement. So, what can be done? There is no reason that Californians can’t generate substantial of emission reduction benefits, particularly for those communities most in need, with some reallocation of the State’s funds from this program. As it stands, ARB’s draft plan allocates the least amount of funds to the very projects anticipated to deliver the most emission reductions: 71 percent of the total emission reduction benefits in the proposed plan – 6,750 of the anticipated 10,150 tons of NOx – will be derived from a single category: Internal Combustion Engine – Freight & Marine. These projects, which include tug boat and switch locomotive upgrades, will receive only 14 percent of California’s total funds. The draft plan allocates more funds to meet administrative expenses than projects anticipated to deliver the most emission reductions. California has pushed hard to reduce emissions from diesel engines to near-zero levels, and the Board should be congratulated for these efforts. Some clean diesel options are 200 or more times more cost-effective at reducing NOx than other zero emission strategies. Our recent joint research with the Environmental Defense Fund (EDF) finds that the most cost-effective upgrades have the biggest health benefits: Upgrading a single switcher locomotive to the latest Tier 4 diesel technology reduces 9 tons of NOx a year, equivalent to replacing 29 older trucks or removing 8,000 cars from the road for a single year all at a cost of only $15,000 per ton of NOx removed. Yet, these are often the slowest engines to be turned over, due to their longevity and lack of incentive to upgrade. In summary: Applying this $423 million to accelerate the turnover of California’s oldest and largest engines to the newest diesel technologies will deliver the clean air benefits Californians seek. Let’s not miss this opportunity to get these proven technologies in the field now, working to clear California’s air. Sincerely, Allen Schaeffer Executive DirectorDiesel Technology Forum# # # The Diesel Technology Forum is a non-profit organization dedicated to raising awareness about the importance of diesel engines, fuel and technology. Forum members are leaders in clean diesel technology and represent the three key elements of the modern clean-diesel system: advanced engines, vehicles and equipment, cleaner diesel fuel and emissions-control systems. For more information visit http://www.dieselforum.org .

Attachment

  • Strike the Right Balance - CA Opinion Poll

Sarah Dirndorfer Diesel Technology Forum 301-668-7230 sdirndorfer@dieselforum.org



(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us