Energy Exchange

Affordable aviation e-fuels are on the horizon

By Pedro Piris-Cabezas and Glenda Chen

The adoption of electricity-based synthetic fuels, also known as e-fuels, will be essential for any hard-to-decarbonize sector with a stake in a resilient liquid fuels market. Chief among them is aviation.

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2024 was another record year for electric truck deployments, proving that the shift to zero-emission is not slowing down

The shift to electric trucks is accelerating faster than ever. This has been another record year for medium- and heavy-duty electric vehicle deployment, with 2024 outpacing 2023 as the best year yet for EV adoption, according to a new Environmental Defense Fund analysis of Class 2b-8 fleet announcements. 

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Financing provides Japan another lever to reduce global oil & gas industry emissions

By Hiro Shirakawa

As one of the world’s top five importers and financiers of oil and natural gas, Japan is uniquely positioned to influence methane emissions along the supply chain.

Though Japan has been recognized for the climate-action leverage it can exert as a major global buyer of liquefied natural gas, a new Deloitte report commissioned by Environmental Defense Fund highlights an equally powerful tool: Japan’s substantial financial investments in oil- and gas-producing companies abroad.

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Fleet stories on the road to electrification

By Kae Tuitt and Lindsay Shigetomi

Fleet electrification comes with unique challenges, yet fleets are finding ways to overcome these obstacles and put zero-emission vehicles on the road because the benefits are worth it. A zero-emission fleet leads to less air pollution, improved community health, new business prospects and financial savings such as lower maintenance and operational costs. According to an Environmental Defense Fund analysis, more than five times the amount of medium- and heavy-duty EVs were put into service in 2023 than in the previous year. Despite the challenges, businesses are leading the charge to successfully deploy EVs into their operations in pursuit of a zero-emission future.

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New study suggests preparing the grid now for electric trucks and buses can save ratepayers money

By Michael Zimmerman 

A new study by Black & Veatch, commissioned by Environmental Defense Fund, provides further evidence that proactive grid investments don’t just help electric vehicles get on the road — they can save utility ratepayers money. 

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Road to COP29: Will hydrogen help us meet our climate goals?

With COP29 just around the corner, the reality of how far we still have to go to meet global climate goals is coming into focus​​. ​​​​A new United Nations (UN) Climate Change report finds “current national climate plans fall miles short of what’s needed”. Similarly, the UN Environment Programme reports that national pledges would only reduce emissions 4-10% below 2019 levels by 2030.

Yet, hydrogen is one of the climate opportunities that governments, industry and investors are excited about. Hundreds of billions of dollars in investment, as well as more than 50 national hydrogen strategies and roadmaps, have been put on the table to develop it. And the COP29 Presidency is focusing on putting those plans into action, with a new declaration that lays out what is required to address regulatory, technological, financing and standardization barriers to market acceleration.

Notably this includes a call for actions to ensure hydrogen deployment achieves maximum climate benefits. This is the crucial point if we want to avoid hydrogen becoming just another failed climate strategy. Whether labeled zero emission or low carbon, hydrogen is not ​a silver​​​ bullet: Poorly deployed, it can produce limited climate benefits, or even be worse for the climate in the near term (20 years from now) than the fossil systems it is slated to replace. This is because hydrogen is highly energy intensive to produce, and its production, management and use can trigger climate-warming emissions​.

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