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Wednesday, September 23, 2020

California looks to ban gas guzzlers – but legal hurdles abound

California Governor Gavin Newsom made a bold attempt today to ban sales of new gas-guzzling cars and trucks, marking a critical step in the state’s quest to become carbon neutral by 2045. But the effort to clean up the state’s largest source of climate emissions is almost certain to face serious legal challenges, particularly if President Donald Trump is re-elected in November.

Newsom issued an executive order that directs state agencies, including the California Air Resources Board, to develop regulations requiring every new passenger car and truck sold in the state to be zero-emissions vehicles by 2035. That pretty much limits future sales to electric vehicles (EVs) powered by batteries or hydrogen fuel cells. Similar rules would go into effect for most medium and heavy-duty vehicles by 2045.

If those rules are enacted, the roughly 2 million new vehicles sold in the state each year will all suddenly be EVs, providing a huge boost to the still nascent sector.

“California policy, especially automotive policy, has cascading effects across the US and even internationally, just because of the scale of our market,” says Alissa Kendall, professor of civil and environmental engineering at the University of California, Davis.

Indeed, the order would mean more auto companies will produce more EV lines, scaling up manufacturing and driving down costs. The growing market would, in turn, create greater incentives to build out the charging or hydrogen fueling infrastructure necessary to support it all.

The move also could make a big dent in transportation emissions. Passenger and heavy-duty vehicles together account for more than 35% of the state’s climate pollution, which has proven an especially tricky share to reduce in a sprawling state of car loving-residents (indeed, California’s vehicle emissions have been ticking up). 

But Newsom’s executive order only goes so far. It doesn’t address planes, trains, or ships, and it could take another couple decades for residents to stop driving all the gas-powered vehicles already on the road.

Whether the rules go into effect at all, and to what degree, will depend on many variables, including what legal grounds the Air Resources Board uses to justify the policies, says Danny Cullenward, a lecturer at Stanford’s law school focused on environmental policy.

One likely route is for the board to base the new regulations on tailpipe emissions standards, which California has used in the past to force automakers to produce more fuel-efficient vehicles, and nudge national standards forward. But that approach may require obtaining a new waiver from the Environmental Protection Agency allowing the state to exceed the federal government’s vehicle emissions rules under the Clean Air Act, the source of an already heated battle between the state and the Trump administration.

Last year, Trump announced he would revoke California’s earlier waiver to set tighter standards, prompting the state and New York to sue. So whether California can pursue this route could depend on how courts view the issue and who is sitting in the White House come late January.

It’s very likely that the automotive industry will challenge the rules no matter how the state goes about drafting them. And the outcome of those cases could depend on which court it lands in—and, perhaps eventually, who is sitting on the Supreme Court.

But whatever legal hurdles it may face, California and other states need to rapidly cut auto emissions to have any hope of combating the rising threat of climate change, says Dave Weiskopf, senior policy advisor with NextGen Policy in Sacramento.

“This is what science requires and it’s the next logical step for state policy,” he says.



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DOJ proposes congressional fix of Section 230 as Trump turns up heat on Big Tech - CNET

Revisions to the law would weaken liability protections for social media companies that fact-check the president's posts.

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Lordstown Motors claims it has 40,000 preorders, shows off its new interior - Roadshow

It's also close to becoming a publicly traded company, according to its representatives.

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2021 Kia Sorento X-Line is ready to hit the trails - Roadshow

The rugged X-Line trim level for the new Sorento crossover gets more ground clearance and different styling elements.

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2021 Kia Sorento X-Line has rugged looks and comes in a great green color - Roadshow

The new Sorento's X-Line package is only available on the top SX-Prestige trim level.

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Next iPad Pro will feature mini-LED displays, Apple analyst Kuo predicts - CNET

The company will reportedly speed up adoption of the displays in its iPad and MacBook lineups.

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Every new movie and show on Netflix: October 2020 - CNET

The Haunting of Bly Manor, Schitt's Creek, Rebecca and more!

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Save $200 on Tineco's PureOne S12 Pro EX cordless stick vacuum - CNET

You get two removable batteries, a dual-charging wall mount and a stick vacuum that converts to a hand vac.

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BMW announces its most extreme M model ever -- and it only costs $33,000 - Roadshow

The catch is that the M 1000RR is a motorcycle, but what a motorcycle it is.

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BMW M 1000RR brings insane, race-level performance to the street - Roadshow

Motorrad's new take on its long-lived and much-loved S 1000RR promises to give Ducati's Panigale V4 models a real run for their money.

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AT&T 5G is coming to three Air Force bases - CNET

Buckley Air Force Base, Joint Base Elmendorf-Richardson and Offutt Air Force Base are getting AT&T 5G.

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iPad Air 4 vs. iPad Mini (2019): Which is best for you?

With the announcement of the new Apple iPad Air 4, we compare it across six core areas with the iPad Mini to see which of these tablets you should pick up.

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California Plans to Ban Sales of Gas-Powered Cars by 2035

Governor Gavin Newsom outlines an ambitious plan for the nation's largest state to rely exclusively on electric-powered passenger cars and trucks.

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SEC filing: Peter Thiel and Richard Li have created a SPAC called Bridgetown Holdings Ltd., targeting SE Asia investment, and are seeking to raise $575M via IPO (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
SEC filing: Peter Thiel and Richard Li have created a SPAC called Bridgetown Holdings Ltd., targeting SE Asia investment, and are seeking to raise $575M via IPO  —  - Bridgetown also backed by Richard Li's Pacific Century  — SPAC aims to raise $575 million, according to filing



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CrowdStrike has agreed to acquire Preempt Security, a provider of zero trust and conditional access tech for enterprise threat management, for about $96M (Natalie Gagliordi/ZDNet)

Natalie Gagliordi / ZDNet:
CrowdStrike has agreed to acquire Preempt Security, a provider of zero trust and conditional access tech for enterprise threat management, for about $96M  —  The company said it plans to use the deal to bolster its Falcon platform with conditional access technology.



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Samsung unveils its Galaxy S20 FE, with a 6.5-inch display, Snapdragon 865, 120Hz refresh rate, starting at $699 for sub-6GHz model or $749 for mmWave 5G model (Dieter Bohn/The Verge)

Dieter Bohn / The Verge:
Samsung unveils its Galaxy S20 FE, with a 6.5-inch display, Snapdragon 865, 120Hz refresh rate, starting at $699 for sub-6GHz model or $749 for mmWave 5G model  —  The ‘Fan Edition’ will be available October 2nd  —  Samsung already makes three different kinds of Galaxy S20 phones: a regular, a Plus, and an Ultra.



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Tuesday, September 22, 2020

Sources: GoodRx, a price comparison app for prescription drugs at local pharmacies, raises $1.14B in its IPO at $33 per share, valuing the company ~$12.7B (Dan Primack/Axios)

Dan Primack / Axios:
Sources: GoodRx, a price comparison app for prescription drugs at local pharmacies, raises $1.14B in its IPO at $33 per share, valuing the company ~$12.7B  —  GoodRx, a price comparison app for prescription drugs at local pharmacies, on Tuesday raised $1.14 billion in its IPO, Axios has learned.



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TransferWise reported annual revenues of £302.6M in FY ending March 2020, up 70% YoY, and net profit of £21.3M, says it has 8M customers globally, up 33% YoY (Alex Wilhelm/TechCrunch)

Alex Wilhelm / TechCrunch:
TransferWise reported annual revenues of £302.6M in FY ending March 2020, up 70% YoY, and net profit of £21.3M, says it has 8M customers globally, up 33% YoY  —  TransferWise, a European fintech unicorn, announced the financial results of its fiscal year ending March, 2020.



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Facebook removes accounts, groups, and Pages tied to China that posted about US politics; the network was followed by fewer than 3K US accounts (New York Times)

New York Times:
Facebook removes accounts, groups, and Pages tied to China that posted about US politics; the network was followed by fewer than 3K US accounts  —  The social media campaign was small but targeted all sides of the debate.  Officials said Beijing had not decided whether to wade more directly in the American presidential race.



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Morgan Beller, one of the founders of Facebook's Libra digital currency, has left the company to become a partner at VC firm NFX (Salvador Rodriguez/CNBC)

Salvador Rodriguez / CNBC:
Morgan Beller, one of the founders of Facebook's Libra digital currency, has left the company to become a partner at VC firm NFX  —  - One of the co-founders of Facebook's libra digital currency and Novi payments wallet has left the company before the release of either technology.



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