News
Why California wants to give residents $1,000 not to have a car
While Americans love their cars, California has adopted a radical strategy aimed at changing their minds, passing a first-of-its-kind bill Wednesday to reward low-income residents who live car-free.
Amid a bonanza of measures passed to cut the state’s carbon emissions as fast as possible, the California legislature approved a $1,000 refundable tax credit to poorer Californians who don’t own vehicles. It will head to the desk of Gov. Gavin Newsom (D), who is expected to sign it.
Related Knowledge Center: Climate legislation
State of Play
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.