State lawmakers on Friday approved a $1.5-billion plan for spending cap-and-trade revenue, with most of the money going toward financial incentives to get dirty cars, trucks, buses and other vehicles off the road. Lawmakers extended the cap-and-trade program, which requires companies to buy permits to emit greenhouse gases, earlier this year. The centerpiece of the plan is $895 million for clean vehicles, which will be divided among programs aimed at electric cars, school buses, farm equipment and other priorities. Lawmakers hope the money will help make a dent in California's emissions from transportation, which the state has struggled to reduce. The cap-and-trade money could not be used to replace port vehicles with automated equipment.

Source: Los Angeles Times September 15, 2017 20:44 UTC