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California lawmakers unplug the state's electric car program

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Did California meet the cap that justified the tax ?

I am sorry that I am not knowledgeable in this area.

There's an article below stated "cap-and-trade market for greenhouse gases fell sharply below expectations,"

"One possible cause is that potential buyers believe a pending lawsuit could overturn the entire system. The California Chamber of Commerce is the lead plaintiff in a suit that contends the fees are a tax that was never authorized by the required two-thirds of the Legislature and that the law never specifically authorized the auctions. The state contends the fees are not taxes, but a consequence of regulations."

State cap-and-trade auction falls far short, hurting bullet train
 
Sage,
A bit OT, but the short answer to your question is that Brown needed to first get the "CO2 level 40% below 1990 levels by 2030" law through the legislature. They balked at that last year, but Obama had one of his assistants call up the assembly members last week to get them on board with that. Extending cap-n-trade is the next step. Once that is extended beyond 2020 to 2030, the funds being generated by the program will again resume flowing in, including the EV funds being discussed, as well as the other discretionary funding. Some of the cap and trade money is allocated by a specific formula, and the bullet train mentioned in the last post gets 25% by law.

RT
 
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@Tam ... did they wrap in a ceiling increase for the green hybrid stickers and extend the sunset provision as part of the subsidy ZEV/HEV details? This funding at least clears the way, Brown obviously remains supportive. ZEV 2025 here we come!


I am not sure. I think they are separate matters.

Your mentioned Assembly Bill 1964 has passed the Assembly and now is still in Senate. See the history below. Good Luck!


  • 08/17/16 - Read second time and amended. Ordered to third reading. (End status: In Floor Process)
  • 08/16/16 - From committee: Amend, and do pass as amended. (Ayes 5. Noes 1.) (August 11). (End status: In Floor Process)
  • 08/01/16 - In committee: Referred to APPR. suspense file. (End status: In Committee Process)
  • 06/30/16 - Read second time and amended. Re-referred to Com. on APPR. (End status: In Committee Process)
  • 06/29/16 - From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 28). (End status: In Floor Process)
  • 05/19/16 - Referred to Com. on T. & H. (End status: In Committee Process)
  • 05/12/16 - In Senate. Read first time. To Com. on RLS. for assignment. (End status: Pending Referral)
  • 05/12/16 - Read third time. Passed. Ordered to the Senate. (End status: Passed)
  • 05/12/16 - Read third time. Passed. Ordered to the Senate. (Ayes 50. Noes 19. Page 4773.) (End status: Passed)
  • 05/12/16 - Read third time. Passed. Ordered to the Senate. (Ayes 50. Noes 19.) (End status: Passed)
  • 05/05/16 - Read third time and amended. Ordered to third reading. (End status: In Floor Process)
  • 05/05/16 - Read third time and amended. Ordered to third reading. (Page 4677.) (End status: In Floor Process)
  • 04/28/16 - Read second time. Ordered to third reading. (End status: In Floor Process)
  • 04/27/16 - From committee: Do pass. (Ayes 12. Noes 6.) (April 27). (End status: In Floor Process)
  • 04/12/16 - Re-referred to Com. on APPR. (End status: In Committee Process)
  • 04/11/16 - Read second time and amended. (End status: In Floor Process)
  • 04/07/16 - From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 14. Noes 2.) (April 4). (End status: In Floor Process)
  • 03/29/16 - Re-referred to Com. on TRANS. (End status: In Committee Process)
  • 03/28/16 - From committee chair, with author's amendments: Amend, and re-refer to Com. on TRANS. Read second time and amended. (End status: In Desk Process)
  • 02/25/16 - Referred to Com. on TRANS. (End status: In Committee Process)
  • 02/16/16 - From printer. May be heard in committee March 17. (End status: Pending Referral)
  • 02/12/16 - Read first time. To print. (End status: Pending Referral
 
A snapshot of Tesla's share to date:
Of the 90,973 BEV rebates or $231.4MM, ~25k or $62.9MM were allocated to Tesla owners.
Of the 153,311 total rebates or $326.4MM, ~16% of the rebates and ~ 21% of the dollars were allocated to Tesla owners.
Data here: CVRP Rebate Statistics


Tesla.PNG
 
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