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1/4 @lyft announced a plan to go to 100% EVs by 2030. If this happens, the carbon benefits would be substantial.
Unfortunately, as laudable as this is, details of this announcement lead me to believe this is a bait-and-switch with very high costs. See below:
Unfortunately, as laudable as this is, details of this announcement lead me to believe this is a bait-and-switch with very high costs. See below:
2/4 Based on their statement, they will work with policy makers and @EnvDefenseFund to create policy incentives to get EV cost parity. Without strong policy, it looks like @lyft will not spend anything on their drivers' fleet. https://www.lyft.com/blog/posts/leading-the-transition-to-zero-emissions
3/4 This puts all fault on governments & all costs on taxpayers. So says John Zimmer - Lyft's CEO!
Since current EV subsidies are expensive ($300-1200/t CO2 abated) it's not clear that this is the smart approach from a carbon perspective. https://uk.reuters.com/article/us-lyft-electricvehicles/lyft-promises-switch-to-100-electric-vehicles-by-2030-idUKKBN23O37R?utm_campaign=Carbon%20Brief%20Daily%20Briefing&utm_medium=email&utm_source=Revue%20newsletter
Since current EV subsidies are expensive ($300-1200/t CO2 abated) it's not clear that this is the smart approach from a carbon perspective. https://uk.reuters.com/article/us-lyft-electricvehicles/lyft-promises-switch-to-100-electric-vehicles-by-2030-idUKKBN23O37R?utm_campaign=Carbon%20Brief%20Daily%20Briefing&utm_medium=email&utm_source=Revue%20newsletter
