Oakland budget puts sustainability first

Port_of_Oakland_building__

2024’s budget at the Port of Oakland includes funding for a range of electrification and zero-emissions initiatives

Commissioners at the Port of Oakland have approved next year’s budget which includes a US$245.2 million spend over the next five years on electrification and zero-emissions technologies.

The overall budget of US$558 million includes an anticipated US$16 million revenue increase in fiscal year 2024, approval of a US$163.7 million capital budget and allocation of US$245.2 million over five years to fund the port’s decarbonisation goals including funding for Seaport Air Quality 2020 and Beyond Plan projects.

This is premium content

Already a member? SIGN IN now

V2-PS

Sign up for FREE to continue reading!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!