Lyft Battles Gavin Newsom Over California Measure to Fund EVs

Lyft Inc. is leading the fight for a new green tax in California, pitting the ride-sharing company against the governor over who should pay for the shift to electric vehicles.

San Francisco-based Lyft is the biggest financier of efforts to pass a November ballot measure that seeks to make the wealthiest Californians pay some of the costs of transitioning to greener forms of transportation and fund wildfire prevention. Lyft and other supporters are proposing an additional 1.75% tax on income earned over $2 million for the next 20 years, arguing that more money is needed to engineer the state’s shift to cleaner energy.