Page 74 - Green Builder MagazineJan-Feb 2019 HOTY Issue

CREDIT: PAPIER K¥WIKIMEDIA COMMONS

The Sharing Economy. Sharing cars, bikes and even
scooters helps reduce the burden of ownership, making
transportation more affordable and equitable.

THE DRIVERS OF CHANGE
Transportation represents nearly 30 percent of our collective Annual Global Light-Duty Vehicle Sales
carbon footprint, eclipsed only by building energy use. What’s
more, we spend a lot of time in vehicles—nearly an hour per day
[https://bit.ly/2LnPkMg], on average. And that time doesn’t always
add to our quality of life.
We like to think that our individual choices matter—and while they
do, our collective behavior is shaped by an amalgam of incentives,
policies and market realities. As we explored in an earlier installment of
The Align Project, it’s no coincidence that California, which sets quotas
of electric vehicles (EVs) for carmakers, oƒers generous incentives CREDIT: BLOOMBERG NEW ENERGY FINANCE
for customers who choose EVs. It has also committed to charging
infrastructure and has the highest share of EVs on the road of any state.
According to Bloomberg NEF’s EV Outlook 2018 [https://bit.ly/2tSCSKi],
EVs may achieve price parity by 2024, at which point EV sales will
take oƒ, soaring from 1.1 million in 2017 to 11 million in 2025 to 30 The tipping point. According to Bloomberg, EVs will achieve price parity
million in 2030. By then, EVs will have become cheaper to make than with internal combustion engine vehicles by 2022.
gas-fueled vehicles, and by 2050, they will comprise 33 percent of the Tesla is still a rare sight, these numbers may sound impossible, so
global car ‘eet and 55 percent of new car sales. it’s helpful to zoom out for a global view, where whole regions are
From the perspective of most American cities, where the occasional charging toward a zero-emissions future. Several countries have set

72 GREEN BUILDER January/February 2019 www.greenbuildermedia.com

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