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One News has covered the Investing in Tomorrow report, which shows that big household savings from electrification add up to big national savings. As Dr Saul Griffith says about the $29 million day that New Zealand could save if we swapped out fossil fuel machines for electric equivalents and ran them off renewable electricity from the grid, rooftop solar and batteries: "It's nice to be able to make the carrot that large because I think it focuses the policy mind on how to get there."
He said a "wartime level of effort" is required to have a chance at mitigating the very worst effects of climate change, as set out in the Paris Agreement targets.
"This is an uncomfortable thing to say. I believe in capitalism, but you have to go faster than the free market can go. You need to replace all of the machines that burn fossil fuels faster than their actual lifetimes, with machines that don't."
In search of cleaner air, Vietnam prepares to usher in an electric motorbike era, while other developing nations go electric for the economics and the UK goes bananas for small EVs; ten years since the Paris Accord and there are many reasons to be optimistic; America's first all-electric hospital gets set to open; Pila Energy looks to get more storage into homes by focusing on appliances; Australia takes another step forward on V2G and some customers are making good money from renting out their cars; and an electric angle to the Louvre heist.
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