California Dreaming

California aspires to obtain all its electricity from renewable sources, 27 years hence. The great fly in the ointment? As always, corporate capitalism’s lifeblood commodity, the private automobile.

The reality is that the U.S. automotive fleet is now the nation’s #1 domestic GHG emitter, out-GHG-polluting not just each of the economy’s other four end-use sectors (farms, retailers, factories, households), but also the entire electricity-generation industry. And the gulf will only widen.

ghg graph
Source: Bloomberg Finance LP 2018

All unmentioned and unmentionable, of course…