SAN JOSE, CA, Feb. 27, 2012 – The Bay Area Climate Collaborative (BACC) and partner EV Communities Alliance today announced the launch of the Bridge to the Clean Economy project. The project will engage senior clean energy leaders in the region to identify and advance key high-impact, scalable market-oriented initiatives that the San Francisco Bay Area can drive for rapid clean energy implementation in the 2012-2017 time frame. This will include capturing these strategies in a paper, Bridge to the Clean Economy: Low Carbon, High Impact Market Initiatives for the Bay Area.
Drawing on insights from regional clean energy and climate leaders, the project will advance near-term regional strategies for economic development and deep greenhouse gas (GHG) reductions in the priority domains of electric vehicles, commercial energy management, residential retrofits and distributed renewable energy. This will serve as the foundation of BACC strategy going forward. The project’s key findings and partnerships will be unveiled as part of the BACC’s third anniversary in the spring of 2012.
“If 10 percent of our vehicles were plug-in electric vehicles, residents could save over $1 billion a year in fuel costs that could be invested locally to bolster the economy. This is just one example of the opportunities before us,” said Gail Mohr, BACC co-chair and Senior Vice President and Corporate Social Responsibility Market Manager with Bank of America, which will host one of a number of convenings planned for regional clean energy leaders leading up to the anniversary event. “There is an urgent need to advance market opportunities to stimulate the economy and protect our climate. With the support of clean energy and climate leaders in the region, we will develop a set of major options to guide the BACC and inform the region’s clean energy strategy going forward.”
The focus of Bridge to the Clean Economy will be on opportunities that provide significant economic payback, are not dependent on government investment or major policy change, and can be quickly scaled in the near term.
“In our current financial and political landscape, adequate national legislative action to address climate change likely will not occur in the next several years at best. As a consequence, it is imperative that we scale the clean energy economy as quickly as possible, and demonstrate effective clean economy models and benefits,” said Carl Guardino, CEO of the Silicon Valley Leadership Group. “The Bridge to the Clean Economy project will provide a means for the private and public sectors to move forward together on high impact opportunities.”
With the support of the Marin Community Foundation, the BACC is advancing the Bridge to the Clean Economy with additional partners – including the EV Communities Alliance, AltaTerra Research, Pacific Municipal Consultants (PMC) and BranchTime Technologies. EV Communities Alliance, led by Executive Director Richard Schorske, is co-facilitator with the BACC of the Bay Area EV Strategic Council and is supporting the initiative with EV-related research and overall project direction. AltaTerra Research, led by Don Bray, was instrumental in the early development of the BACC, and is supporting the concept development and engagement process. PMC is providing initial research on prospective strategies and data on the domains. BranchTime Technologies, headed by Stan Rosenschein, former Director of Artificial Intelligence at SRI International, will support the engagement of clean energy and climate leaders across sectors in the Bay Area to refine the findings and partner on specific opportunities.
“From its inception, we’ve seen the BACC as a natural partner in supporting business, local government and finance to accelerate clean energy opportunities in the marketplace,” said Don Bray, President at AltaTerra Research. “We are pleased to collaborate on the Bridge to the Clean Economy project which will catalyze meaningful and necessary clean technology market initiatives.”
“The Bridge to the Clean Economy project will provide valuable guidance to elected officials on opportunities to advance clean energy market initiatives,” said Tom Bates, Berkeley Mayor and Chair of the Joint Policy Committee (JPC) of the Association of Bay Area Governments, the Metropolitan Transportation Commission, and the Bay Area Air Quality Management District. “This is a great complement to the economic development and climate resilience strategy work the JPC has underway.”
For more information on Bridge to the Clean Economy, visit: http://bridgetocleaneconomy.org. Or contact Claire Barton, Program Manager, 408-634-4554, [email protected].
About the Bay Area Climate Collaborative
The Bay Area Climate Collaborative (BACC) is a public-private initiative accelerating the clean energy economy. A project of the Silicon Valley Leadership Group, major partners include Bank of America, Pacific Gas & Electric, Environmental Defense Fund and local governments representing over 70 percent of the Bay Area population. Under the direction of Executive Director Rafael Reyes, BACC initiatives include the Bay Area Next Generation Streetlight Initiative to upgrade 200,000 streetlights to LED and deliver $10 million in annual cost savings. For more information on the BACC, please visit: www.baclimate.org.
About EV Communities Alliance
EV Communities Alliance is a public/private partnership that accelerates EV deployment in major metro regions in California, with a focus on the Bay Area. EV Communities Alliance helped design and fund the Bridge to the Clean Economy project and will develop the EV strategic action agenda in collaboration with public and private EV ecosystem partners.
About Pacific Municipal Consultants
Established in 1995, Pacific Municipal Consultants (PMC) is a full-service municipal services consulting firm with expertise in a broad range of planning, environmental, finance, urban design & revitalization, public outreach and sustainability services. PMC has offices throughout the Western United States including Rancho Cordova, Los Angeles, San Diego, Oakland, Monterey, Chico, Davis, and Mt. Shasta. For additional information about PMC, visit www.pmcworld.com.
About AltaTerra Research
AltaTerra Research is a market research and education services firm focused on high-value solutions for resource efficiency, clean energy and sustainable business in the corporate and institutional marketplace. AltaTerra Research will review and refine research results, consult on initiative concepts and co-host selected webinars. For additional information about AltaTerra Research, visit www.altaterra.net.
About BranchTime Technologies
BranchTime Technologies is a Palo Alto-based firm specializing in action-oriented community outreach. BranchTime provides coordination technology and consulting services to environmental, educational, and social service organizations. For more information about BranchTime Technologies, visit www.branchtime.com.
About Bank of America
Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,750 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world’s leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.