Climate 411

The EU just moved closer to all zero-emission cars. That heightens urgency for the U.S. to act

Electric cars charging in Nice, France

The European Union just released proposed legislation for passenger cars and vans that would move the continent closer to a zero-emission transportation future.

The EU proposal would require a 55% reduction in carbon pollution for new cars and a 50% reduction for new vans by 2030 – and a 100% reduction for both in 2035. That would substantially strengthen standards that the EU adopted in 2019, and would ultimately eliminate harmful tailpipe pollution from new vehicles sold there.

The proposal would save European drivers money on gas while dramatically cutting climate and air pollution from one of the world’s largest fleets of passenger vehicles. It also has profound reverberations around the world – especially here in the U.S.

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Also posted in Cars and Pollution, Economics, News / Read 2 Responses

This Fourth of July, we have an opportunity for independence from harmful vehicle pollution

Photo by Pixabay

As millions of Americans hit the road this weekend to visit loved ones and celebrate the Fourth of July, there is increasing reason for optimism that our road trips of the future will be in vehicles that do not emit any pollution.

This past week, the Environmental Protection Agency sent proposed motor vehicle emissions standards to the Office of Management and Budget for review. The proposed action will include strengthened pollution standards for new passenger vehicles through model year 2026, which will reduce climate and health-harming pollution and help correct the prior administration’s rollbacks to our nation’s clean car standards.

EPA’s proposed standards will be an important, near-term step forward.

But the Biden administration has an even bigger opportunity in front of it – to clearly articulate a bold, long-term vision to eliminate tailpipe pollution from new motor vehicles, one that ensures at least 60% of new passenger cars and trucks sold in the U.S. by 2030 are zero-emitting and that all new vehicles sold by 2035 are zero-emitting.

Realizing this vision would have enormous benefits for Americans’ health, the climate, and our pocketbooks:

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Also posted in California, Cars and Pollution, Cities and states, Green Jobs, Jobs, News / Read 1 Response

What the SEC can do to protect investors, companies, and people from another Texas power crisis

This post was co-authored by David G. Victor of the Brookings Institution and EDF’s Stephanie H. Jones and Michael Panfil. It is also posted here

 The Securities and Exchange Commission (SEC) is considering making important changes in disclosure requirements to reflect the growing recognition that climate change poses significant risks to the U.S. financial system. This week, hundreds of investors, companies, and concerned Americans, including EDF, responded to the SEC’s request for public input on climate change disclosure.

The Brookings Institution’s recent analysis on the intersection of climate change and financial markets has shown that a significant blind spot for financial institutions is how the physical impacts of a warming world affects assets. But, outside of insurance, relatively little has been said about financial vulnerabilities stemming from extreme weather.

The massive storm that hit Texas in February — known as Winter Storm Uri — highlights the dangers of ignoring the physical risks of climate change. Frigid temperatures and ensuing blackouts led to the deaths of more than 150 people and caused billions of dollars in damages. The blackouts also disrupted dozens of public companies, hundreds of small businesses, and millions of lives, raising a slew of questions for public officials.

EDF and Brookings have now released a new report, What Investors and the SEC Can Learn from the Texas Power Crises, in which we focus on one of those questions: what did the financial markets know about the odds and impacts of a storm like this before it happened?  Our report looks at SEC regulatory disclosures made by publicly-traded electric utilities and suppliers in Texas, and offers a clear answer: not much. Read More »

Also posted in Cities and states, Economics, Energy, News, Partners for Change / Comments are closed

The key to reaching Biden’s new climate goal: An enforceable clean electricity standard that slashes pollution

Editor’s note: This post was last updated June 29, 2021.

A female engineer standing beside the solar panel.

At the Leaders Summit on Climate in April, President Biden pledged to go all-in to beat the climate crisis, setting an ambitious and credible target to cut U.S. greenhouse gas emissions 50-52% below 2005 levels by 2030. Now the administration and federal law makers must roll up their sleeves and work to achieve this target. The question is: What policies will they adopt that can secure the necessary cuts in pollution in less than 10 years?

While there are multiple pathways to meeting the target, a wide range of analyses agree on one core theme: The power sector is a critical linchpin to success. We need to cut emissions from electricity generation by at least 80% below 2005 levels by 2030.

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California Accelerates Toward Zero-Emission Vehicle Standards That Will Save Lives, Save Money, Create Jobs

California just moved further down the road toward cleaner cars and vital air pollution reductions.

The state’s Air Resources Board hosted a public workshop on the development of its Advanced Clean Cars II (ACC II) program last week, where it announced that it intends to propose multipollutant standards that will ensure all new cars sold in California are zero-emitting vehicles by 2035.

At the workshop, the Air Resources Board for the first time laid out a proposed trajectory for the ACC II program, charting a course for ensuring 60% of new vehicles sold in 2030 are zero-emitting and 100% of new vehicles sold by 2035 are zero-emitting.

Slide from Air Resources Board workshop presentation, available here

The ACC II program will build from California’s long history of advancing vehicle pollution reductions under Clean Air Act authority. If adopted, the draft standards described at the workshop will reduce health-harming pollution and climate emissions from new passenger vehicles beyond the 2025 model year and increase the number of zero-emission vehicles for sale. They will also reduce climate pollution, deliver jobs, save Californians’ money, and – most important – save lives.

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Also posted in California, Cars and Pollution, Cities and states, Green Jobs, Greenhouse Gas Emissions, Health, Jobs, News / Comments are closed

Driving the electric vehicle transition: auto companies and states step up to lead

If you watched any major televised sporting events this year, from the NCAA Final Four to the Super Bowl, you saw ad after ad showcasing American auto companies’ new electric cars. It’s proof that electric vehicles (EVs) are ready for a mainstream market – you don’t pay Will Ferrell and LeBron James to promote your car just to niche buyers.

Momentum is clearly building. Companies are prepared to capitalize on the economic benefits of EVs, for both consumers and autoworkers, as well as the climate and health benefits that all Americans will see.

In the last three months, some of the largest automakers in the U.S. and the world have committed to dramatically expanding their EV lineup. They have announced plans to invest billions of dollars in EV development, and plans to transition to an all-electric future by 2035 or earlier.

The Biden administration made a commitment last week to reduce U.S. climate pollution by at least 50 percent by 2030 – a commitment that was supported by major automakers and that will require significant emission reductions from the transportation sector.

States are also playing a leading role in driving progress. Last week, a bipartisan group of 12 governors detailed the important role that states have played in deploying zero-emitting vehicles and urged the Biden administration to move forward with ambitious standards that would eliminate pollution from all motor vehicles. And next week, the California Air Resources Board will hold a workshop related to its development of Advanced Clean Car II standards – standards that are expected to help the state ensure all new vehicles sold in California are zero-emitting by 2035.

The transportation sector is responsible for over a quarter of U.S. climate pollution – more than any other sector. The transportation sector also emits a slew of health-harming pollutants, including oxides of nitrogen and particulate pollution. The transportation sector is key to meaningful climate action.

To achieve meaningful reductions in transportation pollution, it will be key for the administration follow automakers’ commitments and state leadership with bold, decisive air pollution standards that put the U.S. on a path to ensure all new vehicles are zero-emitting no later than 2035 for passenger cars and trucks, and no later than 2040 for freight trucks and buses.

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