There is one major reason Pacific Gas and Electric Company (PG&E) is standing against the Trump administration’s proposed freeze on vehicle emission standards: hundreds of millions in electric vehicle infrastructure investments.
Established during the Obama era, federal rules require manufacturers to increase vehicle fuel efficiency to 47 miles per gallon by 2025, an increase from their current goal of 37 miles per gallon by 2020.
In response to heavy pushback from the auto industry, the White House has considered freezing requirements at their 2020 levels.
This proposal by the Environmental Protection Agency (EPA) has also set up a battle with California, a progressive state that is allowed to set its own higher emission standards.
PG&E — the largest electric utility in California, according to Bloomberg — has expressed notable opposition to the White House’s proposal.
A utility spokeswoman explained Monday the reasoning behind the company’s desire to see standards become more stringent.
During a hearing in Fresno, California, Anna Brooks — the senior manager for local public affairs for PG&E — said the company will be investing $360 million in electric vehicle charging infrastructure and “we want a stable environment for our investors and customers,” Bloomberg reported.
“Transportation electrification is a key element of PG&E business strategy,” Brooks said.
The Obama-era standards, according to PG&E, need to be kept in place in order to foment more demand for electric vehicles and give the utility satisfactory returns on its investments.
Beyond phasing out fossil fuels in the state’s generation industry, California Democratic Gov. Jerry Brown has actively sought to electrify the state’s transportation system.
California’s ratepayer-funded charging stations will be a major revenue opportunity for utility companies.
Read more at Daily Caller
Naturally PG&E wants to increase costs of fossil fueled vehicles so that they can raise power prices.
They are brown-nosing Gov Brown.
Obama’s regs where meant to cripple the USA
This is the same strategy as for wind and solar. Make them competitive with coal by making coal even more expensive than wind and solar. Not doing the people any favors here.
You’ll still have a list of cars to choose from, but driving the “wrong” kind will result in you subsidizing the “good choice” .
Watch freedom shrink to nothing in your rear view mirror.
It’ll be interesting to see what happens when California’s 100% renewable energy meets thousands of electric cars. Will anyone get to work on time?
Reelecting that idiot Moonbeam Brown was a big big mistake and he has ruined the Golden State with his stupidity he belong in prison along with Obama both Clinton Al Gore and few others