10/15/07-Gov. Arnold Schwarzenegger put his signature on a bill that is intended to raise revenue to develop alternative fuel and clean-air technology in the state.
The new law, previously AB118, increases the annual vehicle smog-abatement fee by $8 and the registration fee by $3. The boost in revenue is expected to result in $210 million annually that would be earmarked for programs developed to reduce greenhouse gases emitted from motor fuels.
It is the follow-up to a bill signed by the governor in 2006 that requires the state to cut the emission of carbon dioxide and other greenhouse gases by 25 percent. The state has until 2020 to match emissions levels from 1990.