Port of Oakland budget commits US$245m over five years towards zero emissions projects
The Oakland Board of Port Commissioners have approved a 2024 fiscal year (FY) budget of US$558m with an allocation of US$245m over five years towards the port’s electric infrastructure and support for zero emissions projects.
Plans include expanding electric charging facilities, launching the Green Power Microgrid project and partnering with Matson Terminal to convert all cargo handling equipment from diesel operations to zero emissions technologies.
The port’s five-year capital improvement plan, an estimate of future capital spending, is projected to be US$1.4bn.
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