* DC - Obama gives electric trucks a big bump in new climate rules
--- No market for electric-powered trucks exists now, nor in the next decade, but that isn't stopping the Obama administration from creating big subsidies for the vehicles under its latest climate rules... The Environmental Protection Agency and the Department of Transportation on Tuesday finalized joint greenhouse gas emissions and fuel efficiency standards for big-rig trucks, vans and buses... The rules are the final step in President Obama's broad effort to confront global warming. The regulations target the trucking sector, which makes up about 20 percent of the nation's transportation-based greenhouse gas emissions and energy use but only 5 percent of the vehicles on the road... The truck rules provide some of the biggest incentives for companies to build more advanced vehicles that use partial or full battery-electric power to drive the truck, or adopt hydrogen fuel cells that produce electricity with water vapor as the only byproduct...
(Photo from AP: The EPA is building in the incentives while admitting there is no market, nor demand, for electric trucks, the agency said in the final truck rule) -- Washington, DC, USA - The Washington Examiner, by JOHN SICILIANO - 18 Aug 2016Labels: electric truckmakers news USA, governments stimulus funds
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