expense

Electric Cars Getting Cheaper | Earth Wise

April 12, 2023 By EarthWise Leave a Comment

A sticking point for buying electric cars has always been that they are typically more expensive than equivalent gasoline-powered cars. But increasing competition, government incentives, and falling prices for lithium and other battery materials is changing the equation. In fact, the tipping point when electric cars are as cheap or even cheaper than internal combustion cars is likely to happen this year for many cars and, in fact, has already happened for some.

Battery production is ramping up for Tesla, General Motors, Ford, and others, creating cost savings from mass production. Companies manufacturing batteries in the United States are receiving government subsidies as part of a drive to establish a domestic supply chain and reduce dependence on China. Before anyone cries foul, it should be noted that globally, oil companies received a trillion dollars in subsidies last year. The Inflation Reduction Act is making it cheaper for automakers to build electric cars (provided they do it in the United States using US materials) and cheaper for consumers to buy them because of tax credits.

Multiple companies have lowered the price of their electric vehicles in recent months, including both the Tesla Model 3 and Model Y, which are the best-selling electric cars in the United States. GM’s electric Equinox crossover will start at about $30,000, which is still about $3,400 more than the gas-powered version. But once the electric vehicle tax credit is figured in, it will actually be cheaper.

Electric cars are already cheaper to own and operate because of the much lower cost of powering with electricity instead of gas as well as the greatly reduced maintenance costs for the vehicles. Once the purchase price of these cars is less than that of gas-powered cars, the economics becomes a no-brainer.

**********

Web Links

Electric Vehicles Could Match Gasoline Cars on Price This Year

Photo, posted May 11, 2021, courtesy of Chris Yarzab via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

The Arctic Northeast Passage May Open | Earth Wise

November 12, 2020 By EarthWise Leave a Comment

The Northwest Passage is the sea route between the Atlantic and Pacific oceans through the Arctic Ocean. It goes along the northern coast of North America, traveling though the Canadian Arctic Archipelago. In the past, it was the domain of intrepid explorers like Roald Amundsen. Because of the receding ice in the Arctic, in recent years it has become possible to travel the Northwest Passage by cruise ship.

The Northeast Passage connects the same two oceans along the Arctic coasts of Norway and Siberia. The sustained loss of sea ice is now leading to accessibility of Arctic sea passages through this route.

Compared with the customary route through the Strait of Malacca in Malaysia and the Suez Canal, using the Northeast Passage could reduce the travel distance between Europe and northwest Asia by one-third. This would reduce the expense of transportation and lower environmental pollution. Many Asian countries have a strong strategic and economic interest in Arctic shipping. Russia would gain strong competitive advantages for its liquified natural gas industry.

According to a recent study at the Northwest Institute of Eco-Environment and Resources of the Chinese Academy of Sciences, the continuing warming of the Arctic seas is likely to result in the Northeast Passage being navigable for open water ships by next year and will continue to be increasingly hospitable to marine traffic.

The economic and strategic benefits to the opening of the Northeast Passage are quite clear. What is also clear is that the underlying cause of the opening of the passage – the dramatic loss of Arctic sea ice – is not beneficial to the world at all and is a harbinger of troubling things in our future.

**********

Web Links

Arctic Northeast Passage may be Navigable in Near Future

Photo, posted September 24, 2005, courtesy of Paul Downey via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.

Roofs Going Green

November 21, 2019 By EarthWise Leave a Comment

Green roofs are roofs on buildings that are partially or completely covered with vegetation and a growing medium, generally planted over a waterproofing membrane. The modern version of these roofs began in Germany in the 1960s and spread to many other European countries over time. With concerns about climate change and shrinking natural resources rising, green roofs are becoming increasingly popular across North America. The Toronto-based organization Green Roofs for Healthy Cities estimates that the number in North America has increased by about 15% since 2013.

Replacing black asphalt and shingles with plants can lower the surrounding air temperature, filter dirty storm water, and reduce building energy use. The National Research Council of Canada estimates that a green roof can reduce air conditioning use in a building by as much as 75%. The roofs also help to reduce air pollution and greenhouse gas emissions according to the EPA.

As the benefits of green roofs become more widely known, cities around the world are passing green roof legislation. Copenhagen passed a law in 2010 requiring all new commercial buildings to have green roofs if their roofs are not sloped too much. Toronto was the first city in North America to pass a green roof law in 2009. Over 640 green roofs covering more than five million square feet have since been constructed in Toronto.

Apart from the environmental benefits, green roofs are providing pleasant spaces in the urban environment that may include flower beds, trees, herb gardens, gazebos and picnic tables. As for the economics, studies show that over the course of a roof’s lifetime, green roofs are actually considerably cheaper than conventional roofs taking into account energy savings.

**********

Web Links

The Green Revolution Spreading Across Our Rooftops

Photo, posted July 15, 2014, courtesy of Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.