Caption:- By 2040, US Aims For Zero Emissions Heavy Duty Vehicles.
By 2040, the US aims to sell and produce only zero emissions medium and heavy duty vehicles such as school buses and tractor trailers, the US secretary agreed at the COP27 climate summit in Egypt on Thursday.
US Energy Secretary Jennifer Granholm stated that we have to work together across the oceans and borders to meet our clean energy targets.
New commercial electric vehicle tax credits worth up to $7,500 for light and medium-duty trucks and up to $40,000 for heavy-duty vehicles are included in the $430 billion climate, tax, and drug policy plan that was passed in August.
Granholm also stated that the funding will drive the innovation in technology, reduces the vehicle costs and also reduces transportation emissions.
A group of 16 lawmakers led by Senator Martin Heinrich earlier this month and urged President Joe Biden to sign agreement, noting medium and heavy trucks represent 10% of vehicles but account for 28% of total on road greenhouse gas emissions.
Heinrich said in the statement that it is essential to decarbonize commercial transport vehicles if we are to reach our total carbon emission targets. By committing to this objective, the US is demonstrating, together with many other countries, that we are serious about upholding our responsibility for the environment and safeguarding the future of our children.
The memo does not mandate that US federal agencies adopt new emissions limits, targets, or requirements, according to Congress.
The Memorandum of Understanding has already been signed by 16 countries, and more are expected to follow. It has also received support from over 60 state and local governments, manufacturers, financial institutions, and others.
The US Environmental Protection Agency is reportedly planning to impose stricter greenhouse gas emissions regulations for heavy duty trucks and other vehicles through at least the 2030 model year by the end of 2023, according to reports in the media earlier this month.
For 17 of the 33 subcategories of vocational and tractor vehicles, such as school buses, transit buses, commercial delivery trucks, and short haul factors, the EPA had suggested stricter criteria in March.