CERAWeek: GM’s Barra calls for expanded EV tax credits, drive toward a zero-emissions future

Emissions, agility and autonomous vehicles were the focus of General Motors CEO Mary Barra’s luncheon address to energy industry executives Wednesday, March 7, at CERAWeek by IHS Markit in Houston. “We’re optimistic about EVs,” Barra said of the drive to zero emissions, with a dramatic increase in customer miles traveled in EVs. While the growth in electric vehicles has been strong, she acknowledged that the industry needs to develop robust charging infrastructure to boost consumer confidence that they “can drive anywhere, anytime.” In addition to EV growth, Barra said GM is also driving toward its zero-emissions goal by expanding the fuel efficiency of its fleet. For example, she said they have lightened their GM pickup truck by 450 lb, but at the same time managed to keep the truck’s body style that customers like. “As we deliver on improved fuel economy, we are committed to a zero-emissions future,” Barra said. “Innovation alone will not accelerate a zero-emissions future.” In the emissions effort, she discussed the need to see renewables enhanced as sources of power, as coal still accounts for 30% of US power generation. She called for federal and state governments to help establish common standards, and said government regulations… continue reading

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