FFC Supports Ambitious Advanced Clean Car II Standards and Advanced Clean Fleet Rule

June 2, 2022

Friends Fiduciary supports an ambitious Advanced Clean Cars II program and Advanced Clean Fleet regulation to accelerate electric vehicle deployment. With the threat of climate change posing a significant risk to long term economic growth and sustainability as well as threatening the health of communities and disruption of value chains, zero emission vehicles offer significant benefits for businesses. As noted in the letter, transitioning to zero-emission vehicles can “reduce operational costs through lower fuel and maintenance costs, avoid risks associated with the volatility of fossil fuel prices and supply, enhance our company reputations, and improve workforce recruitment and retention.” All of this makes good business sense as well as reducing climate risk.