Support for the TCI MOU
The Transportation and Climate Initiative Memorandum of Understanding (MOU) was released on Monday, December 21, 2020 and governors in Massachusetts, Connecticut and Rhode Island as well as the mayor of D.C., announced that they would be the first to join the regional collaboration.
This is an important step forward and aligns with our coalition’s purpose. See what our members are saying:
Alliance for Automotive Innovation
“This type of market-based policy will help states meet their vehicle electrification targets by helping to provide necessary incentives and infrastructure,” said John Bozzella, President and CEO of Auto Innovators. “We applaud those jurisdictions that have signed on and urge them to invest in solutions that maximize future deployment of zero emission vehicle technologies. The TCI is an opportunity to reduce emissions from liquid fuels and help build the market for electric and fuel cell vehicle technologies.”
“The governors of Connecticut, Massachusetts and Rhode Island along with the District of Columbia’s mayor took important steps today to help reduce emissions from one of the largest sources, the transportation sector. At bp, we’re working to be a net zero company by 2050 or sooner and to help the world get there too. To achieve it, we'll need governments, companies and consumers to work together. Enacting well-designed policies like TCI is among the most effective ways to reduce emissions and catalyze innovation – essential ingredients to achieving net zero. TCI is a win-win that not only reduces emissions but can also create jobs, boost the economy and help modernize infrastructure.”
"Exelon strongly supports transportation electrification to address the climate crisis, and we applaud the leadership of the governors who are taking steps to reduce transportation emissions, grow local clean jobs and address critical infrastructure failures that harm our residents, communities and businesses. The Transportation and Climate Initiative (TCI) is a critical first step toward the clean energy future our customers demand."
“Today marks an important milestone in the development of the Transportation Climate Initiative Program, an effort National Grid is proud to have supported since its inception. National Grid is committed to advancing the ambitious climate goals in our states, and aggressive action to reduce transportation carbon emissions is a necessary step toward achieving those goals. We believe a regional approach is critical to achieving meaningful results. Emissions don’t stop at city, state, or even national borders. Programs like the Regional Greenhouse Gas Initiative have shown that the Northeast is capable of achieving substantial emission reductions when we come together for a common purpose,” said Badar Khan, President, National Grid US. “The revenue generated under the program provides a tremendous opportunity to advance investment in clean transportation in the region, benefitting both our economy and environment. We applaud state leaders’ commitment to equity by committing to invest 35% of the resulting revenue in disadvantaged communities.”
D.C.D.C. can curb carbon and grow its economy at the same time. Mayor Muriel Bowser signed the Transportation and Climate Initiative
New YorkNew York can curb carbon and grow its economy at the same time. TCI puts a price on carbon in the transportation sector and is
New JerseyNew Jersey can curb carbon and grow its economy at the same time. TCI puts a price on carbon in the transportation sector and is