Energy Exchange

Electrifying big trucks and buses could spark a $47B global market

By Andy Darrell / Published: November 19, 2020

We should thank Ford, GMC and Tesla for capturing the world’s attention with flashy promotions of their upcoming all-electric F-150 pickup, Hummer and Cybertruck. If there’s one thing that will make you think differently about electric vehicles, it’s the image of a Hummer owner plugging in instead of filling up.

But when it comes to electric trucks, the consumer market is just the tip of the iceberg.

The electrification of the medium- and heavy-duty truck sector — everything from semis and delivery vans to transit buses and garbage trucks — is already underway, and analysts say it could spark a $47 billion global industry.

Posted in Electric Vehicles / Comments are closed

New electric buses are a holiday gift for New York City

By Andy Darrell / Published: December 23, 2019

Early Sunday morning last week I stood on a windy rooftop in the Hell’s Kitchen neighborhood of Manhattan next to a strikingly modern, blue electric bus. It’s the biggest one I’ve ever seen. It is a 60-foot-long articulated bus that bends in the middle and is fully outfitted with state-of-the-art technology and accessories — from USB chargers to heat.

As a climate-solutions advocate, I haven’t been feeling great about the holidays. The news out of Washington, DC isn’t exactly uplifting. The United Nations’ climate talks in Madrid were not easy either and it took too much effort for world leaders to come through with an agreement. Not exactly my idea of holiday cheer.

Posted in Air Quality, Congestion pricing, Electric Vehicles, New York / Comments are closed

NYC’s small businesses want congestion pricing

By Andy Darrell / Published: March 12, 2019

Most people following New York City’s traffic and transit problems understand that more traffic and congestion is bad for air quality and commute times. And they know that the city’s buses and subway system need significant improvements to get people from here to there faster.

The impact of New York City’s traffic and transit woes on small businesses, however, is often overlooked. New York City is teeming with small businesses that depend on quick, smooth and reliable transit for their employees and customers. The harder the commute, the more likely an employee will be late, or the easier it is for a customer to say “not today.”

That’s why small business owners are some of the most enthusiastic supporters of congestion pricing.

Posted in Air Quality, Congestion pricing, New York / Comments are closed

New York’s broken transit system is barrier to achieving ambitious climate goals

By Andy Darrell / Published: October 18, 2018

A version of this piece originally ran on City and State New York.

New York City’s mass transit system – the foundation of the city’s density, dynamism and environmental efficiency – is in a state of emergency, putting climate goals and the health of New Yorkers at risk. Congestion pricing can help.

Posted in Clean Energy, Congestion pricing, New York / Comments are closed

New global underwriting standard for the buildings sector helps cities tackle pollution

By Andy Darrell / Published: February 22, 2018

Cities around the world are taking the lead on fighting climate change, making huge commitments to reduce pollution and meet the goals of the Paris Agreement. And it’s a good thing they are.

According to C40 Cities Climate Leadership Group, 75 percent of global greenhouse gas emissions come from cities, and about half of this pollution comes from buildings alone. All in all, buildings account for about 40 percent of all energy use – and up to half of this energy is wasted. With 70 percent of the world’s estimated 9 billion people expected to live in urban areas by 2050, addressing energy use in buildings (and the carbon emission it creates) is essential to catalyzing cities’ efforts. Reducing “building emissions” will require a toolbox of policy, finance, and engagement with public and private sector building owners, managers, and investors.

This week, a tool Environmental Defense Fund (EDF) began designing about five years ago to help investors weigh and value energy efficiency projects is becoming a global underwriting standard for building upgrades. Following successful momentum in the United States, Europe, and Canada, the Investor Confidence Project (ICP) officially joined the portfolio of global certification programs delivered by Green Business Certification, Inc. (GBCI) including LEED (for green buildings), GRESB (for real estate portfolios), and WELL (for healthy buildings). GBCI is now providing world-class training and support for ICP’s Investor-Ready Energy Efficiency ™ (IREE) certification. Read More »

Posted in Climate, Energy Efficiency, Energy Financing, Investor Confidence Project / Comments are closed

3 Ideas That Could Shape Our World After The Paris Climate Negotiations

By Andy Darrell / Published: November 24, 2015

The Paris climate negotiations can set the stage for a global shift on climate change – when our world’s emissions finally stop rising, level off, and begin to fall.

There is reason to be optimistic: from China to the United States, from Europe to South Asia, countries are coming together with commitments to cut climate pollution. And so are cities, companies, investors, entrepreneurs – and even moms. That’s real momentum that could open a new era for how we make and use energy.

The real action starts after we all go home from Paris with the biggest question coming out of COP-21: Now what? I want to share three specific ideas for the future – ideas that could accelerate access to clean energy.

First, the biggest barriers today lie in how to deploy the technology we have or will soon have. Solar panels, “smart” buildings, electric cars – the cost of these technologies is on its way down. Yet we still face problems of scale, because barriers in policy and finance limit the ability of clean technologies to deploy in ways accessible to everyone. Read More »

Posted in Climate, Energy Financing, Investor Confidence Project, Utility Business Models / Comments are closed