California was the first state to announce plans to ban new fossil-fuel-powered cars by 2035. Massachusetts followed. But a new report says that it’s feasible for the entire country to make the shift to 100% electric car and truck sales by the same year, something that’s necessary to avoid the worst impacts of climate change—and the switch would also save consumers around $1,000 per household each year.
The price of batteries, the most expensive part of an electric vehicle, has fallen dramatically, dropping 74% since 2014. “All the experts have been wrong on how fast the battery prices are going to reduce,” Nikit Abhyankar, a researcher at the Goldman School of Public Policy at the University of California, Berkeley, and one of the authors of the report, said in a briefing.
Recent Comments