Evaluating the Challenges and Opportunities for Sustainable, Low Carbon Transportation Sector Fueled by Renewable Energy
Vision & Challenge
ACORE will convene all the relevant stakeholders to examine the growing role of renewable energy in the rapidly evolving, low carbon transportation sector. The United States transportation sector consumes more energy than any other country and is responsible for thirty-one percent of U.S. greenhouse gas emissions. The challenge and opportunity is to advance a low carbon aviation, land and maritime transportation sector; powered by renewable, low or no-carbon fuels and electricity that includes renewable automotive and aviation fuels, bio-diesel-electric locomotives, electric vehicles, maritime power plants and enables storage and delivery technologies. These are key components of a sustainable transportation sector fueled by increasing amounts of renewable energy.
Objectives & Program
This Initiative convenes, educates and empowers stakeholders to collaborate around the development and integration of several key components of a sustainable transportation system: innovative technology; low-cost, available financing; robust market demand and enabling federal and state policy. Through this Initiative, thought-leaders from the ground, water and air transit will: (1) analyze whether these essential components are synchronized toward fostering a sustainable transportation sector; (2) identify barriers hindering essential coordination, and (3) develop concrete solutions resulting in a more rapid, ordered movement toward a sustainable transportation sector.
Specific areas of focus include, but are not limited to: (1) the game-changes efforts of developing a sustainable transportation sector in the Western U.S.; (2) federal government procurement and financing of renewable, low carbon transportation technologies and fuels; (3) a robust national renewable fuel standard (RFS), including issues surrounding the “blend wall” and renewable identification numbers (RINs); (4) EPA’s certification process for new biofuel pathways; and (5) the scale up and integration of electric vehicles into the grid, including the corresponding finance, technology, market and policy barriers and opportunities.
The Initiative’s primary objective is to provide a forum for discussion, education, member visibility and engagement in the vision and strategy for tomorrow’s renewable, low carbon transportation sector, encompassing all technologies and principal constituencies including:
• Energy Providers
• Technology Developers
• Component Suppliers
• Financial Entities
• Professional Service Firms
• Government Agencies
• Cities and Ports
• End Users
A Committee of sustainable transportation leaders, composed of ACORE members, has been formed to bring to bear their experience, expertise, and perspectives from across the sector, to broaden and deepen Initiative inputs and support consensus building. The Committee is engaged in structured activities and deliverables, including market, technology, finance and policy analysis; drafting of formal comments; holding topical meetings and webinars; and providing public and policy maker education through ACORE’s various communications platforms and partnerships. The Advisory Committee convenes monthly calls to advance its objectives.