Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Sparks

Los Angeles Spreads the EV Wealth Around

Officials announce higher rebates and new fast chargers in underserved areas of the city.

Los Angeles.
Heatmap Illustration/Getty Images

Los Angeles officials on Thursday announced a plan to make the clean energy transition cheaper for low-income residents, The New York Timesreports. “Working families in our city need to be assured that our city’s clean energy future won’t leave them trapped in the past,” Mayor Karen Bass said. “Many working families — some working two to three jobs to make ends meet — won’t buy or lease EVs if they don’t have access to convenient, timesaving, cost-saving places to charge them.”

The move comes in response to a study, also released Thursday by a coalition of city, state, and national groups, showing that most of the money for Los Angeles’ green incentives has so far flowed to its wealthier residents. From 1999 to 2022, for instance, just 38% of the $340 million invested in residential solar panels went to disadvantaged communities. And of the $5 million in electric vehicle rebates given from 2013 to 2021, just 23% went to underserved communities. The new plan will offer qualified buyers $4,000 toward the purchase of used EVs, up from $2,500, and install fast chargers in areas that have so far received little attention from private industry. The arrival of cheaper EVs next year should also help.

Los Angeles isn’t alone in tackling the issue of an equitable energy transition. Michigan recently proposed a suite of ambitious climate laws, one of which would establish a Just Transition Office to help workers hurt by decarbonization. New York State’s Climate Leadership and Community Protection Act, passed in 2019, requires that 35% to 40% of “benefits from investments in clean energy and energy efficiency programs” go to disadvantaged communities. Even earlier, Minneapolis designated an area in its economically troubled north as The Northside Green Zone, which involves “a plan of action to improve environmental and population health, and social, economic and environmental justice.”

Such efforts will be crucial in the coming years, as financially strapped homeowners grapple with the high up-front costs of the clean-energy conversion, experts told the Times. “In order to reach a 100% clean energy transition you really need to bring everyone along,” said Kate Anderson, of the National Renewable Energy Laboratory, one of the authors of the study. “It’s going to depend on everyone making changes in their households. The affordability piece is a huge challenge.”

Green

You’re out of free articles.

Subscribe today to experience Heatmap’s expert analysis 
of climate change, clean energy, and sustainability.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Sparks

Trump’s Offshore Wind Ban Is Coming, Congressman Says

Though it might not be as comprehensive or as permanent as renewables advocates have feared, it’s also “just the beginning,” the congressman said.

A very large elephant and a wind turbine.
Heatmap Illustration/Getty Images

President-elect Donald Trump’s team is drafting an executive order to “halt offshore wind turbine activities” along the East Coast, working with the office of Republican Rep. Jeff Van Drew of New Jersey, the congressman said in a press release from his office Monday afternoon.

“This executive order is just the beginning,” Van Drew said in a statement. “We will fight tooth and nail to prevent this offshore wind catastrophe from wreaking havoc on the hardworking people who call our coastal towns home.”

Keep reading...Show less
Sparks

One Reason Trump Wants Greenland: Critical Minerals

The island is home to one of the richest rare earth deposits in the world.

Donald Trump.
Heatmap Illustration/Getty Images

A top aide to incoming President Donald Trump is claiming the president-elect wants the U.S. to acquire Greenland to acquire more rare minerals.

“This is about critical minerals. This is about natural resources,” Trump’s soon-to-be national security advisor Michael Waltz told Fox News host Jesse Watters Thursday night, adding: “You can call it Monroe Doctrine 2.0, but it’s all part of the America First agenda.”

Keep reading...Show less
Green
Sparks

An Insurance Startup Faces a Major Test in Los Angeles

Kettle offers parametric insurance and says that it can cover just about any home — as long as the owner can afford the premium.

Los Angeles fire destruction.
Heatmap Illustration/Getty Images

Los Angeles is on fire, and it’s possible that much of the city could burn to the ground. This would be a disaster for California’s already wobbly home insurance market and the residents who rely on it. Kettle Insurance, a fintech startup focused on wildfire insurance for Californians, thinks that it can offer a better solution.

The company, founded in 2020, has thousands of customers across California, and L.A. County is its largest market. These huge fires will, in some sense, “be a good test, not just for the industry, but for the Kettle model,” Brian Espie, the company’s chief underwriting officer, told me. What it’s offering is known as “parametric” insurance and reinsurance (essentially insurance for the insurers themselves.) While traditional insurance claims can take years to fully resolve — as some victims of the devastating 2018 Camp Fire know all too well — Kettle gives policyholders 60 days to submit a notice of loss, after which the company has 15 days to validate the claim and issue payment. There is no deductible.

Keep reading...Show less