Reducing carbon emissions is a goal we all share. We've all got to be part of the solution. The electric vehicle industry is at the forefront of carbon neutrality and emissions reduction, and they're leading the way, showing everyday consumers easy ways to live more environmentally consciously.
The Current State of the Electric Vehicle Industry
"The long-term outlook for EVs remains bright, as fundamental cost and technology improvements outweigh the short-term impacts of the pandemic." -Forbes EVO
According to the Forbes 2020 Electric Vehicle Outlook, "There are now over 7 million passenger EVs on the road and electrification is spreading to other segments of road transport." Despite a year filled with unprecedented obstacles, the integration of electric vehicles into everyday society is poised to explode. According to a CNBC report published in May of 2018, "The number of electric vehicles on the road around the world will hit 125 million by 2030."
Consumer adoption has increased radically over the last half a decade; the number of electric vehicles on the road has doubled. This trend is in part driven by increased consumer awareness of environmental issues and global warming, and partly by governmental policies, tax breaks, and carbon offsets which fund environmentally-friendly projects. Every available estimate shows that the trend is moving in the right direction and the future of electric vehicles looks bright!
Lyft as a Model for Carbon Neutrality
"This exciting move highlights the unprecedented opportunity for the private sector to fill the current leadership void on climate while also reducing air pollution…" -Forbes
Even as electric vehicles have become more widespread, an unlikely hero has emerged in the struggle for carbon neutrality: popular ride-sharing company Lyft. According to a June 2020 article, Lyft has pledged to implement electric vehicles in 100% of its fleet by 2030. "Today, Lyft responded to stakeholder demands for rebuilding a better future – and in particular for climate action – through a bold commitment to reach 100% electric vehicles (EVs) on the Lyft platform by 2030." This is an industry-leading move from an unlikely source. But the move shouldn't come as a surprise. Ridesharing has a civic-minded, environmental platform built-in by default. Ridesharing services like Lyft provide a transportation option that reduces the overall presence of carbon-producing, gasoline-powered vehicles on the road. Their bold, new position cements that fact.
With the increased popularity of ride-sharing, Lyft hopes to capitalize on its visibility to promote a mass-shift to sustainable, electric vehicles across America. According to the EPA, vehicles account for over 29% of the United States' CO2 emissions, making the transportation industry a key component in a carbon-neutral future. With their radical, new philosophy, Lyft hopes to lead the way and inspire an entire sector of the Western economy. Ambitious? Yes, but necessary and achievable.
How You Can Practice Carbon Neutrality
"In the future all vehicles will operate with clean energy. But climate change is not waiting. It's happening now, and it presents a clear and immediate threat to our world and those who live in it. Action cannot wait."-Medium
While the initial cost of an electric vehicle is still cost-prohibitive to many consumers, companies like Lyft are doing their best to bring clean transportation methods to the public at large. Government programs and tax credits can help some consumers afford modernized, clean vehicles, but in the meantime, it's up to consumers to seek other ways to help reduce their individual carbon footprint. Participating in ride-sharing services is a great start. Purchasing ethically-sourced products is another powerful strategy. Each environmentally-conscious practice adds up in a positive cumulative effect.
In the meantime, conscientious consumers can get involved with the carbon neutrality effort by supporting reforestation efforts around the United States with Carbon Down.