The Auto Channel amplifies E2’s recent release of the report, “Macroeconomic Analysis of Clean Vehicle Scenarios for Colorado,” with the backdrop of Gov. Hickenlooper’s recent announcement that Colorado will be joining 13 other states in adopting tougher, California-style emissions standards for vehicles.
As the Environmental Protection Agency (EPA) moves to weaken federal greenhouse gas (GHG) regulations for light-duty vehicles, Colorado is moving to counter the negative affects to our air quality, reduced consumer fuel savings and the stifling of our budding auto electrification industry, by adopting Advanced Clean Car Standards. When complete, Colorado will join the 12 states that have adopted the Clean Cars standards—which promise to promote technology improvements, create jobs, ensure that American auto manufacturers remain competitive internationally, and lower emissions.
This study analyzed the macroeconomic impacts of a Clean Vehicles scenario in which Colorado enacts more aggressive GHG emission standards and pursues increased electric vehicle (EV) penetration, relative to a baseline in which GHG standards remain constant at federally set 2020 levels and EV adoption remains low. The study used the IMPLAN economic input-output model to evaluate impacts on employment and gross domestic product (GDP) over the period from 2020 through 2035.
The analysis found that the pursuit of a cleaner, light-duty passenger vehicle fleet is likely to result in small but positive long-term macroeconomic impacts in Colorado. We estimate average annual increases of approximately $72 million in GDP and 1,700 jobs under the Clean Vehicles scenario. While these impacts are small in the context of the nearly $350 billion total Colorado economy, the net positive impacts of cleaner vehicles are expected to grow over time as fuel savings accumulate and EVs become cheaper. This report’s findings indicate that Colorado can achieve the health and environmental benefits of vehicle emission reductions while continuing to strengthen its economy.
Full report can be found at this link or by clicking the cover below.
If you are looking for additional insight into Macroeconomic Analysis of Clean Vehicle Scenarios for Colorado, contact E2 Rocky Mountains State Advocate Susan Nedell ([email protected]) or Communications Director Michael Timberlake ([email protected]).
View Report »Thursday, May 31, 2018 | Doors Open at 6:30 PM, Program at 7:15 PM Patagonia NYC Meatpacking 414 W 14th St, New York, NY 10014 **Drinks and snacks will be provided** Technological advancements are delivering a clean vehicles future that until just recently seemed like a fantasy. Personal electric vehicle adoption is booming, and through […]
Clean energy is powering job growth in America. Clean jobs count: Nearly 3.2 million Americans now go to work each and every day in solar, wind, energy efficiency, clean vehicles and other clean energy jobs.
If you are looking for additional insight into E2’s Clean Jobs America or our other Clean Jobs America reports, visit e2.org/reports or see Clean Jobs Count for a full interactive jobs breakdown of every U.S. state and clean energy industry. You can also contact E2 Communications Director Michael Timberlake ([email protected]). An FAQ is also available here to answer any questions.
The complete report is available for download here.
View Report »Colorado is at a crossroads – emissions from transportation is about to overtake the electricity sector, even as Pruitt’s EPA wants to roll back the national clean car standards. Yet we are poised to take action. Governor Hickenlooper joined the Climate Alliance with other states, pledging Colorado to follow the Paris Agreement. In July 2017, the Governor […]
E2 Executive Director, Bob Keefe, writes an op-ed for The Hill, advocating for clean energy despite the Trump administration’s move to roll back car efficiency and pollution standards.
Over the past decade, the United States has made huge strides in increasing the efficiency of vehicles and reducing their emissions – thanks in part to federal fuel economy standards, tax advantages for electric vehicles and government support for research and innovation. Join E2 to learn how Trump administration policies are now threatening recent progress […]
WASHINGTON (January 30, 2018) –President Trump’s first State of the Union tonight is set to remind Americans how his administration is actively ignoring the millions of Americans that work in solar, wind, energy efficiency, efficient vehicles and many other industries which are on the cutting edge of innovation. Below is a statement from Grant Carlisle, […]
Clean energy is a major economic opportunity for Nevada – but only if state lawmakers step up and strengthen certain policies, according to a new E2 policy paper.
View Report »Clean energy in Colorado has been steadily increasing in recent years. In this report, E2 outlines specific measures Colorado can take to improve its clean energy economy, including strengthening the RPS, incentivizing electric vehicles, and shoring up energy efficiency standards.
View Report »New analysis from the Cleantech Group and E2 shows California’s nation-leading clean energy policies, especially AB32, have helped stimulate big investments in key cleantech markets, driven job creation, and resulted in energy savings to businesses and customers. Other states are following suit.
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