U.S. writes down its green revolution

The energy bill that was approved by the House of Representatives on June 26 is the “American Clean Energy and Security Act”. It mainly establishes a US plan to reduce greenhouse gas emission.

Targets for these emissions are a bit higher than wanted by President Obama, which is good for us.

The bill mainly targets housing and transportation, which are exactly LHS EV Company markets! Greenhouse gas emission will have to be cut down by a certain percentage every year. The figures are:

• 2012 à -6%
• 2013 à -6%
• 2014 à -9.5%
• 2015 à -9.5%
• 2016 à -13%
• 2017 à -13%
• 2018 à -16.5%
• 2019 à -16.5%
• 2020 à -20%
• 2021 – 2039 à -20%

The main idea is that by 2050, US greenhouse gas emissions will have to be cut down of 80% compared to actual figures, which is enormous. But when you also know that by 2016, all US states gas emissions standards for vehicles will have to be the same than the Californians ones (that are among the World’s most draconian), the 80% doesn’t appear like an impossible one. It is very important for us to understand that ONLY EVs and PHEVs can allow global standards.

Alternative compliance payments are 2.5 cents per KWh in violation of the standard, adjusted for inflation beginning in 2010. This will help to finance the main objectives of the bill:

1. Each electricity provider who supplies over 4 million MWh will have to produce 20% of its electricity from renewable sources by 2020. 5% of this standard can be met through energy efficiency savings.
2. The Bill provides modernization of the electrical grid, EV Plug infrastructure will be able to push clean energy (solar panels) to the grid and will also provide an intelligent analysis of consumption made by the vehicles plugged to it. Energy providers and automakers will be very interested by this information because, for example, it will allow them to know where people need the most energy for transportation (EVs and PHEVs) and where the clean vehicles get used the most.
3. The Bill provides for expanded production of electric vehicles, EV Plug infrastructure will be the best availability to allow all these vehicles to plug-in.
4. The Bill mandates significant increases in energy efficiency in buildings, home appliances, and electricity generation. The EV Plug infrastructure will be a part of the answer our customers’ hotels will have to bring for this energy efficiency.