The tipping point for hydrogen may not be to day, but it does feel like it's coming. I wouldn't call myself a techno optimist, because i think that implies that we can sit back and let the technology do the work. But i am a great believer in technological innovation, and i do believe the technology can help us achieve net zero globaly. We've got to have the right policies in place, and we've got to has the right education so people kind of understand how to adopt these technologies.
In the tech world, there’s a common belief that once a new device hits 5% market penetration, it rapidly goes from a niche to mass adoption. According to Bloomberg, the US has just passed that critical 5% tipping point for new EV purchases. Norway, an oil-rich country, was first to hit that 5% mark in 2013 and today boasts a stunning 86% of new cars being fully electric. Now California is driving the US along a similar road away from gasoline and diesel by passing a new law that will only allow emission free vehicles to be sold by 2035. Even with that California law, how confident can we be that all new American cars will be running clean? What does the 5% tipping point mean for other clean tech adoption?
Guests:
Albert Cheung, Head of Global Analysis, BloombergNEF
For show notes and related links, visit ClimateOne.org
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