New York to invest $127.7 million Volkswagen settlement in clean vehiclesStaff Writer | September 5, 2018
Governor Andrew M. Cuomo announced New York will utilize the $127.7 million received from the 2016 Volkswagen settlement to dramatically increase the number of electric vehicles and other clean vehicles in the state.
Empire State The funds were secured through the Attorney General's settlement
At the Governor's direction, the state Department of Environmental Conservation in concert with the New York State Energy and Research Development Authority, New York Power Authority, state Department of Transportation, the Port Authority of New York and New Jersey, and others, developed Clean Transportation NY - New York's plan to strategically invest settlement resources for maximum benefit and to build on New York's national leadership on clean energy and climate change.
The funds were secured through the Attorney General's settlement with Volkswagen in close collaboration with DEC. The state's strategically leveraged investment of settlement funds is anticipated to result in at least $300 million of clean vehicles and infrastructure on New York's roadways. ■