UPDATE 1-California to phase in electric, fuel-cell transit buses -regulators [Reuters]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Reuters
California to phase in electric, fuel-cell transit buses: regulators | Reuters 2 Min Read SAN FRANCISCO (Reuters) - California air quality regulators voted on Friday to require that transit buses have zero emissions beginning in 2029, another step by the liberal-leaning state that sets it apart from the environmental policies of the Trump administration. The California Air Resources Board voted unanimously on the proposal to ramp up the use of battery electric or fuel-cell buses until 2029, at which point all new transit buses will have to be zero-emission vehicles. The move away from diesel buses will be a boon to companies such as Chinese automaker BYD , backed by Warren Buffett’s Berkshire Hathaway Inc and Silicon Valley startup Proterra Inc, which have bet that zero-emissions buses will eventually catch on. Environmentals applauded the decision, while noting that California was already a hub for electric bus manufacturing. “This is the first major regulation in the U.S. for transi
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BRK.B
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BRK.B
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