Photo: Scott Heins/Getty Images

Michael Bloomberg's presidential campaign unveiled plans this morning to cut carbon from transportation, the nation's biggest source of greenhouse gas emissions.

The big picture: It's the latest of several climate and energy plans from Bloomberg, including proposals this week around wildfires, climate resilience, and emissions from buildings.

Driving the news: Here are a few pillars of the wide-ranging plan...

  • Add a national zero-emissions vehicle standard — "so that, by 2035, 100% of new vehicles are pollution-free."
  • Expand availability of EV tax credits and a launch a "Clean Cars for All" program that provides rebates for low and moderate-income families to trade in older vehicles.
  • Develop new mileage and emissions requirements for heavy-duty vehicles so that 15% of new trucks and buses are "pollution free" by 2030. Create a voucher program to incentivize fleet owners to trade in old trucks and buses.
  • Make new federal investments in EV charging infrastructure, mass transit, high-speed rail, and make areas more bike- and walking-friendly. Plus, add new incentives for moving freight from highways onto electric railways.
  • Overhaul the current national ethanol mandate to become a low-carbon fuels standard, "requiring reductions in the carbon content and giving credit to both electric charging and biofuels."

Quick take: The plan is ambitious (though so are his rivals'), but major portions of it would require new action from Congress, notably tax code changes and big new investments.

Go deeper: Mike Bloomberg releases his first domestic climate plan

Go deeper

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 12 a.m. ET: 33,282,969 — Total deaths: 1,000,867 — Total recoveries: 23,066,203Map.
  2. U.S.: Total confirmed cases as of 12 a.m. ET: 7,148,009 — Total deaths: 205,069 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Business: Companies are still holding back earnings guidance.
  4. Health: Trump announces plan to distribute 150 million rapid tests —The childless vaccine.
  5. Media: Fauci: Some of what Fox News reports about COVID-19 is "outlandish"
  6. States: Cuomo extends New York moratorium on evictions until 2021.
  7. World: More than 1 million people have now died from coronavirus — India the second country after U.S. to hit 6 million cases.

Bob Woodward: "I was not going to hide" my opinion on Trump

Bob Woodward didn't want to join Senate Republicans in privately condemning President Trump but declining to do so publicly, he told Jonathan Swan in an interview for "Axios on HBO."

Why it matters: Woodward has covered 9 presidents, but Trump is the first that Woodward explicitly described as "the wrong man for the job."

Watch the full Jonathan Swan interview with Bob Woodward

In the latest episode of "Axios on HBO," Jonathan Swan interviews Bob Woodward about his new book, "Rage," which was based on 19 interviews with President Trump.

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