Energy Exchange

From carbon accounting to carbon accountability: It’s time for banks to step up

By Ben Ratner / Published: March 31, 2021

The Partnership for Carbon Accounting Financials recently welcomed its 100th member, a milestone that reflects banks’ growing focus on measuring financed emissions. But while robust carbon accounting is necessary for the long term, it is no substitute for action now. To pick up the pace of Paris alignment, banks must begin targeting financed emissions in carbon-intensive sectors immediately.

Improving data and disclosure is a valid long game, with mandatory climate risk disclosure and corporate leadership playing important roles. But financial institutions already have many of the tools and much of the data points needed to ramp up action in carbon-intensive sectors.

Posted in Methane, Methane regulatons / Comments are closed

A teachable moment: Zero-emission school buses are a winning proposition

By Larissa Koehler / Published: February 25, 2021

Every pre-COVID school day, approximately 480,000 school buses carry more than 25 million children to school across the United States. Most of them run on diesel fuel and spew pollution that causes cancer, triggers asthma attacks and makes climate change worse. Indeed, of the over 40,000 school buses registered in the U.S. in 2019, only 240 were zero-emission (and only about 1% of school buses are electric). This picture will not improve without intervention — barring additional measures, only 27,000 of the projected 560,000 school buses that will be built in the next 10 years will be electric.

Luckily, that intervention is starting to arrive. Today, Senator Cortez-Masto (D-NV), Senator Murray (D-WA), Representative Cardenas (D-CA) and Representative Hayes (D-CT) introduced the Clean School Bus Act a groundbreaking piece of legislation that will provide grants for infrastructure and vehicles, with an emphasis on deploying them in communities hardest hit by health-impacting air pollution.

Posted in Air Quality, Electric Vehicles / Comments are closed

A 100% clean transportation future requires smart electricity pricing for trucks and buses

By EDF Blogs / Published: October 13, 2020

By Elizabeth B. Stein and Beia Spiller

Zero-emission solutions for trucks and buses have arrived. But converting fleets from fossil fuels to electricity requires more than new vehicles and chargers. It will require smart electricity pricing to ensure that new demand from these power-hungry vehicles doesn’t break the grid, and that costs remain manageable for fleet owners, utilities and all customers.

Making good use of the grid at times when it would otherwise be underutilized keeps electric rates low for all customers. For passenger vehicles that are charged at homes, pricing structures that encourage charging when demand is low and clean electricity is plentiful have produced great results for car owners, the electric system and the planet.

Getting similar win-win-win outcomes for trucks and buses will be more complex, though achievable with the right policies and rate structures.

Posted in California, Electric Vehicles / Comments are closed

Electrifying trucks and buses is an opportunity for lasting change, one we can’t afford to miss

By Jason Mathers / Published: July 6, 2020

The U.S. is still struggling to contain the spread of COVID-19 and quantify the human and economic consequences of this historic tragedy. But already, leaders are contemplating how we’ll restore our economies. Will we rebuild a replica of what we had, or will we invest in ideas that will make society more resilient, healthier, cleaner and more equitable?

The transportation sector is on the cusp of massive change, and one segment within it is ripe for reinvention: medium- and heavy-duty vehicles. These include everything from semi-trucks and delivery vans, to city buses and garbage trucks — the overwhelming majority of which are powered by diesel engines.

Electrifying this segment was an opportunity for lasting change before the COVID-19 economic crash. Now that countries are considering where to invest to rebuild their economies, it’s an opportunity we can’t afford to miss.

Posted in Air Quality, California, Climate, Electric Vehicles / Tagged Electric Vehicles | Comments are closed

Three things California should do to prepare for more electric trucks and buses

By Larissa Koehler / Published: June 29, 2020

California is moving fast to replace dirty, gas-guzzling heavy-duty vehicles with cleaner, electric choices as a way to combat air pollution and climate change.

Both fleets and electric utilities need to rethink the way they build the charging stations needed to power these vehicles. Charging stations should be as affordable as possible, and help electric vehicles integrate more renewable energy into the grid. The California Public Utilities Commission is working with stakeholders to set out key guidelines, targets and metrics to reach those goals. This process, known as the Transportation Electrification Framework, is unquestionably a step in the right direction, but in order to maximize its impact there are some key things the CPUC should keep in mind.

Posted in Air Quality, California, Clean Energy, Climate, Electric Vehicles / Comments are closed

Now is not the time to pump the brakes on fleet electrification

By Sarah Ryan / Published: June 22, 2020

The coupled economic impacts of the pandemic and global oil crisis are expected to hit passenger electric vehicle sales hard, with a recent Bloomberg analysis predicting an 18% drop in sales this year. But many commercial fleets and state policymakers are continuing to push forward on their plans to electrify trucks and buses, even in these uncertain times.

We are seeing proof of this across the zero-emission vehicles market. In order to meet their long-term climate commitments as well as near-term policy requirements, fleet operators are continuing to accelerate their investments in electrification.

Posted in Air Quality, California, Clean Energy, Climate, Electric Vehicles / Comments are closed