Earlier this month, we announced an ambitious commitment to use our platform to reduce carbon emissions from the US transportation sector by more than 5 million tons of CO2 per year by 2025. It’s one of the most important goals we’ve ever set out to achieve, and reaching it will have a major impact on our planet. So, how will we get there?
We will invest in renewable energy
This is not a goal we can leave to some far-off future; it begins with actions we will take in the coming months. To track our progress,ensure that our commitment aligns with the renewable energy market in the US, and offset charging of our electric autonomous vehicles, we will purchase renewable energy certificates (RECs) from day one.
We will replace 2 million energy-inefficient cars with zero-emission Lyft vehicles
Five million tons of carbon emissions accounts for over 1% of annual carbon emissions from light duty vehicles in the US. There are over 200 million cars currently operating in the US. To reduce 5 million tons of carbon emissions, we need to replace 2 million cars on the road today with vehicles powered by renewable energy.
We will provide over 1 billion rides in shared, electric autonomous vehicles fueled entirely by renewable energy by 2025
With our Open Platform strategy, we can accelerate the growth of self-driving technology, and advocate for the development of energy-efficient autonomous vehicles. By providing a clean, safe, and affordable alternative to owning a car, we can rapidly increase the volume of rides taken in electric, autonomous vehicles — a solution that will remove gas-dependent cars from the road.
As we move further into the autonomous future, our approach to electric autonomous vehicles will be critical to achieving our energy goals. Already, electric vehicles have emerged as affordable alternatives to gas-dependent cars. According to Rocky Mountain Institute, by 2030 long-range electric vehicles, such as the Chevy Bolt, can save up to $4,000 per vehicle per year in operating costs when used for ridesharing.
We will pave the road for an electric autonomous future
By investing in energy-efficient technology, we have an opportunity to significantly decrease our dependence on gasoline, reduce our national carbon emissions, and revitalize our cities. As we venture further toward our autonomous future, we will continue to make commitments that benefit our cities, and our environment.