Recent EIN papers:
Crediting Hydrogen: Fuel Incentives and renewable hydrogen investment in California. This Briefing Paper analyzes the value of credits that are available to hydrogen fuels, and the broader context of California's renewable hydrogen policy, to assess the current opportunities and barriers facing hydrogen transportation fuel investments. (Nov 2014)
Hydrogen Network Investment Plan (H2NIP), developed with the support of the California Air Resources Board, California Fuel Cell Partnership, Daimler (Mercedes), the South Coast Air Quality Management District (SCAQMD), Toyota and EIN's philanthropic donor network (2013).
A robust hydrogen fueling network will be the fundamental backbone of a successful hydrogen fuel cell electric vehicle (and hydrogen fuel) market. There is considerable money to be made once this market is established - the challenge lies in attracting investment to build out the early network. The H2NIP uses diverse stakeholder input and EIN's H2NIP financial model to identify and explain financial and confidence building strategies needed overcome this challenge.
The paper is designed to help inform decisions within the State of California's recently extended Alternative and Renewable Fuel and Vehicle Technology investment program (see AB8, signed into law on September 28th, 2013), which authorizes up to $20 million per year to fund hydrogen fueling stations until the start of2024. While the paper is focused on California, many of the concepts within are applicable to multiple jurisdictions.
Incentivizing Hydrogen Infrastructure Investment. Phase 1: An Analysis of Cash Flow Support to Incentivize Early Stage Hydrogen Station Investment, published in conjunction with the California Cell Partnership Roadmap (2012).
Individual hydrogen stations are the fundamental building blocks of California's effort to establish hydrogen fueling infrastructure in California. EIN collaborated with multiple stakeholders to understand, model, and communicate the financial opportunities and constraints associated with the development of early market hydrogen stations. This white paper describes the first phase of this ongoing effort, presents a novel approach to incentivize new entrants into the hydrogen station market, and estimates the amount of money required to launch the early commercial hydrogen fuel cell vehicle market in California.
The upside hedge value of California’s global warming policy given uncertain future oil prices, published in Energy Policy (May 2012 - Volume 44).
This paper is the first of its kind to introduce a key concept: policies designed to reduce emissions and energy use protect consumers from exposure to price shocks. It was developed as a follow up to Shockproofing Society (see below) to extend the concept and conversation to an internation audience.
Energy Independence Now's Remy Garderet, along with Chris Busch of the Center for Resource Solutions, and James Fine of Environmental Defense Fund estimate that California's AB 32 policies can save California's economy between $2.4 billion and $5.2 billion each year in oil expenses. These savings come in the form of avoided expenses related to likely oil price spikes. Click here, or the title above, to download the article.
How California's Global Warming Solutions Act (AB 32) Reduces the Economic Pain of Energy Price Shocks
Getting a handle on the full cost of our dependence on fossil energy is a daunting task. There are a lot of studies, including some of our own, that add up the financial, health, environmental and security costs.
But in a new study, co-authored by Energy Independence Now's Policy Director Remy Garderet, together with Chris Busch of the Center for Resource Solutions and James Fine of Environmental Defense Fund, we examine our dependence on oil and natural gas with a new lens: what does our dependendence on oil natural gas mean during "price shocks," periods when oil and related prices skyrocket overnight?
This report received substantial press, and helped inform the public debate over California's Proposition 23 (November 2010), which would have suspended AB 32 until unemployment rates reached a defined level. For sample press clippings, please click here. Prop 23 was resoundingly defeated by voters.
An Op-Ed Piece by EIN published by the Santa Barbara Independent highlighting the need for strong national fuel economy and GHG standards
Reports from other environmental coalition members:
Four Decades of Progress in the Unfinished Battle to Clean Up Our Air
Written By: Travis Madsen and Benjamin Davis, Frontier Group
Bernadette Del Chiaro, Environment California Research and Policy Center
California's efforts to reduce air pollution from cars and trucks have made the state's air cleaner than it has been in decades - and Californians are healthier as a result. Clean car standards have helped cut total automobile air pollution in California by more than 85 percent since 1975, despite rapid growth in population and vehicle travel.
However, many Californians are still exposed to some of the worst air pollution in the United States - contributing to high asthma rates and shortened life spans. Passenger cars and trucks produce nearly 2 million pounds of health-threatening air pollution statewide every day.
To continue progress, state officials should update California's vehicle emission standards and ensure that they remains strong and effective. Given the size of California's vehicle population, the state needs to make sure that new cars are as clean as possible - and to encourage auto manufacturers to rapidly commercialize vehicles that produce no pollution whatsoever.