Three years ago, California was the lead investor, paying for 70% of capital costs to seed the market. Today, that equation has flipped: the private sector is paying for 70%.
Think about that for a moment: just three years ago, California had to pull the market. Today, industry is leveraging government funding and the Low Carbon Fuel Standard to push the market ahead. What’s more, industry partners have driven down costs while increasing scale. That means these stations are bigger, cheaper, and more robust — like the gasoline stations drivers are used to, but with none of the mess. Addressing climate change isn’t just good for the environment, it’s good for business.
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