The No. 1 U.S. pension fund, Calpers, will be asked by two of its board members to urge automakers to accept California’s attempts to reduce emissions from vehicles, the Wall Street Journal reported on Monday.
California air-quality regulators earlier this year adopted the nation’s first-ever rules to reduce emissions of carbon dioxide and other gases in cars and trucks by as much as 25 percent, beginning with the 2009 model year, with cuts accelerating to as high as 34 percent in 2016.
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