UK Transport Minister Norman Baker announced that the government has handed out more than £46 million ($75.3 million U.S. at the current exchange rate) to put 542 additional low-carbon buses on roads across England by March of 2012. The funds are part of the UK's drive to invest in projects that promote green growth and encourage the use of sustainable local transport.
The UK's Green Bus Fund scheme awards grants to bus operators and local authorities to assist them in purchasing low-carbon buses. A Low Carbon Emission Bus (LCEB) is defined as any bus that achieves the LCEB target for greenhouse gas emissions, which basically amounts to a 30-percent reduction in emissions compared to a current Euro 3-compliant diesel bus of the same size. All LCEB buses meet Euro V emissions standards.
Low carbon hybrid-electric buses supported by the Green Bus Fund are already in use in London, Manchester, Oxford and Reading and battery-powered buses service Durham. The $75.3 million in funds have been paid to 20 bus operators and 6 local authorities and all 542 buses are expected to hit the streets in less than a year.
[Source: Department for Transport]
Government funding of over £46 million will see 542 new low carbon buses on roads across England by March 2012, Transport Minister Norman Baker announced today.
The money is part of the Government's drive to target investment in new projects that promote green growth and encourage use of sustainable local transport.
All English regions will benefit with funds which have been paid to 20 bus operators and 6 local authorities. All the buses are expected to be in service by 2012.
Norman Baker said:
"My vision is for a transport system that cuts carbon and creates growth.
"Low carbon buses emit around 30 per cent fewer greenhouse gas emissions than standard diesel buses and use around a third less fuel – that is why it was so important to kick-start the market.
"They also represent an important and developing industry – both in this country and throughout the world – which has the potential to create jobs and boost economic growth.
"Green buses are therefore an absolute no brainer – they are the perfect combination of targeted investment that help people make the transport choices that are good for society as a whole."
Green, low carbon hybrid-electric buses supported by the Fund are already in operation in London, Manchester, Oxford and Reading. Electric buses supported by the Fund are operating in Durham.