New Ca. $5 Billion Bond Initiative Proposed

[Curtis]

This is the best thing to come along for AFV proponents ever. I hope Ca residents will support this bond initiative, as it will be the backbone of our rebate program and fund home refueling rebates as well. It will also mean more stations in more locations.

Go Green California!

Californians for Clean and Renewable Energy are proud to sponsor The California Renewable Energy and Clean Alternative Fuels Initiative.

This initiative will provide funds for a wide variety of clean energy projects, including consumer incentives for clean alternative vehicle fuels and the construction of renewable energy generation facilities, such as solar and wind power plants. It will also provide funds for research to improve our renewable energy options and to educate consumers about what clean and renewable energy products are available to them.

We hope you will join us in support of this important initiative that will both limit our dependence on foreign oil and reduce greenhouse gas emissions. That’s something every Californian can get behind!

Go here to learn more:

http://www.greenenergyforcalifornia.com/

[cngaz]

Re: New Ca. $5 Billion Bond Initiative Proposed

It's too bad we don't have anything like this going on in Arizona.

[ajgiorgi]

Re: New Ca. $5 Billion Bond Initiative Proposed

It's too bad we don't have anything like this going on in Arizona.

Don't worry,
AZ will follow suit, it's just going to take time. There going to have to wait and see if its successful also. CA usually does something first and then the other states get on board.

[CraziFuzzy]

Re: New Ca. $5 Billion Bond Initiative Proposed

Q. How many rebates are available for the purchase of clean or alternative fuel vehicles?
A. Approximately 235,000 rebates – up to $10,000 for qualifying non-commercial vehicles
such as the Toyota Prius or the Honda Civic Hybrid and up to $50,000 for qualifying
commercial trucks – will be available.

The "The California Renewable Energy and Clean Alternative Fuels Initiative" is using gasoline vehicles as their examples? This looks not unlike any other 'alternative energy' bill out there. Heavy on the bill, and not on the 'alternative energy'.

[PaulH]

Re: New Ca. $5 Billion Bond Initiative Proposed

...and why put incentives on vehicles that are selling so well that dealers cannot keep them in stock. It will just increase the dealer mark-up, not put more clean vehicles on the road.

[CraziFuzzy]

Re: New Ca. $5 Billion Bond Initiative Proposed

Because I'm guessing Honda and Toyota was some of the 'Alternative Fuel Manufacturerers' that are backing the bill. I read through the text, and the Hybrids aren't even eligible for the 10,000 incentive. The 10,000 is for light-duty dedicated alternative fuel vehicles, which, I would say, is a good incentive price, as it pretty much covers the bulk of a conversion cost. The only good thing I can see coming from this would be perhaps a couple more CARB certified conversion kits on the market.