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Illustration: Aïda Amer/Axios

A new analysis from the firm Energy Innovation finds proposed zero-emissions truck mandates in California would have substantially larger benefits than regulators estimate.

Why it matters: The California Air Resources Board is slated to approve regulations late next week that would require greatly increasing penetration of zero-emissions trucks, reaching well over half of all sales in 15 years.

By the numbers: The cost-benefit analysis using the firm's California Energy Policy Simulator — which sees higher pollution reductions than CARB — estimates savings of $7.3 billion through 2040, and potentially over $12 billion based on lower battery cost assumptions.

What they're saying: "The California EPS finds the proposed rule would eliminate significant quantities of smog-causing pollution, while also offering cost-effective reductions in climate pollution," states the report authored with the Environmental Defense Fund.

Go deeper: The case for electric trucking

Go deeper

Ben Geman, author of Generate
Sep 24, 2020 - Energy & Environment

California war over gas-free cars

Illustration: Eniola Odetunde/Axios

The fate of California's aggressive moves to wring carbon emissions out of transportation could depend heavily on the election and the shape of the Supreme Court.

Why it matters: California is the country's largest auto market and transportation is the country's largest source of CO2.

Ben Geman, author of Generate
Sep 24, 2020 - Energy & Environment

CO2 capture is growing but still lags badly, IEA says

Screenshot of IEA's "CCUS in Clean Energy Transitions" report

There's growing momentum behind deploying technology that traps and stores CO2 emissions, but much more investment and stronger policies are needed, the International Energy Agency said in a new report.

Why it matters: The technology is vital to enabling the radical emissions cuts needed through the 2050-2070 timeframe to keep temperature rise in check, the agency said.

Pelosi calls raising the debt ceiling a bipartisan responsibility

Photo: Samuel Corum/Bloomberg via Getty Images

House Speaker Nancy Pelosi (D-Calif.) issued a "dear colleague" statement Sunday evening, calling on Congress to act in a bipartisan manner to raise the nation's debt ceiling.

Why it matters: Congress is fast approaching an October deadline to raise the nation's debt ceiling and avoid a government shutdown. But the issue has become a thorny partisan stand-off.

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