Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
SACRAMENTO, Calif., Aug. 29, 2017 -- Four leading Senators called today for significantly increased state funding to reduce emissions from trucks and buses. The legislators said such funding is needed to improve air quality and help reduce toxic emissions along freight corridors and near ports and schools.
CALSTART, the nation’s largest clean transportation technology industry organization, strongly backed the call made by the Senators Lara, Skinner, Pan, and Wiechowski.
“We are at a pivotal point where the technology is emerging, and we now have the chance to move toward a future where trucks and buses produce either zero or virtually zero emissions,” said CALSTART’s Senior Vice President Bill Van Amburg.
“In addition to improving public health, California policies are resulting in significant new job creation. Companies are moving to California to build trucks and buses because this is where the market is growing the fastest,” said Van Amburg.
In the final weeks of the 2017 legislative session, the Senators are calling for $1 billion in funding from the California greenhouse gas Cap-and-Trade program to be focused on cleaner trucks and buses. This would amount to a tripling of the amount of funds spent last year.
California is leading the nation in the deployment of zero emission buses and hybrid trucks, due in large part to prior Cap-and-Trade investments. More than 3,200 hybrid, electric, fuel cell, and low NOx natural gas trucks and buses are operating on the streets of California due to prior investments.
CALSTART is a national non-profit organization headquartered in California. The organization serves as a catalyst to accelerate the growth of the clean transportation technology industry as a strategy to create high quality jobs, improve public health, and prevent climate change. CALSTART has more than 175 member companies and offices in three states. For further information about CALSTART visit www.calstart.org.
Contact: John Boesel – (626) 744-5607 or [email protected]
