The headline of the March 15th VT Digger article covering the release of EAN’s Annual Progress Report reads: “Curbing emissions could save Vermonters $800 million.” Let’s look at the assumptions behind this figure, which was independently arrived at by the Agency of Commerce and Community Development (ACCD) and is a conservative estimate
Electric charging cost less and is more predictable
As the chart above illustrates, drivers of gasoline and diesel passenger vehicles are subject to wide price swings from month to month and year to year.
Electric vehicle charging costs are lower and much more stable. If a driver can utilize one of the off-peak charging
Bigger and bigger cars are contributing to increasing emissions from transportation
Transportation accounts for the majority of Vermont’s green house gas emissions, and those emissions have been on the rise.
Part of the issue is the kind of vehicles Vermonters are buying. According to data from the Vermont Vehicle and Automotive Distributors Association (VADA)
Fossil fuels are a strain on Vermonters and a drain on the Vermont economy
Prices for fossil fuels like propane and fuel oil have historically been the highest and most volatile. Weatherizing your home or business can cut these costs by reducing energy use. Even better, switching to renewable heating options offers lower
What would it take to meet our Paris commitment?
Path to Paris: EAN has modeled one path for how Vermont could achieve our Paris Climate Agreement commitment based on currently available energy technologies and proven best practices.
Getting to the Paris commitment would require all of these efforts, plus 20% more from additional measures