Monday, July 4, 2016

Port Technology: US Ports to Win $4.7bn Volkswagen Settlement?



01 Jul 2016

US Ports to Win $4.7bn Volkswagen Settlement? Source: iStock

Due to a settlement on emissions violations between Volkswagen and the US federal government and Californian authorities, US ports could have access to US$4.7 billion to fund nitrogen emission reduction projects, according to JOC.com.

Kurt Nagle, CEO and President of the AAPA, said: “This funding would help US ports reduce NOx emissions in and around their facilities. It would also help AAPA’s members continue their commitment to sustainability, clean energy and the health of coastal ecosystems.”
PTI previously found that US states could be impacted by the lack of funding available for ports, as out of US$10.8 billion in the state budget, only $200 million was available for port developments.
This followed news that the Florida Ports Council had praised its governor for signing a bill that would allow additional funding from $15 million to $25 million.
Some of the top ports along the US West Coast, such as the Port of Long Beach and the Port of Los Angeles are actively working to lower emissions at its ports.
The Port of Long Beach was recently reported as receiving permission to implement emissions control technology, which has been developed at its port, at a number of California’s seaports.
Emissions levels are said to be 100 to 1000 times higher than the benchmark in New Jersey, which could likely rise with the recent completion of the expanded Panama Canal. 

(Source: https://www.porttechnology.org/news/us_ports_to_win_4.7bn_volkswagen_settlement)

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