A new study finds massive carbon, health and jobs benefits to fast EV rollout — if policies can align to make it happen.
by Jeff St. John
What policies could get the U.S. to 100 percent electric vehicles by 2035 — and how would the country profit from pulling it off?
On Thursday, researchers at GridLab, Energy Innovation and the University of California, Berkeley released a series of reports that outline the challenges and rewards of reaching this goal. The results indicate that getting there will require a nationwide investment and policy effort that may exceed President Joe Biden’s plan to direct $174 billion in investments to “win the EV market.”
But it also finds that the benefits include trillions of dollars in consumer savings, millions of new jobs in domestic manufacturing and services, and deep cuts in the public health and climate change harms from the country’s largest source of greenhouse gas emissions.
The new report builds on last year’s findings from the same researchers on the cost and carbon-savings potential of converting the U.S. power grid to 90 percent clean energy by 2035. Cleaning up the electricity sector “presents an opportunity to decarbonize the transportation sector, which is the largest emitter in the U.S.,” said Amol Phadke, staff scientist at Lawrence Berkeley National Laboratory and UC Berkeley and report co-author.