California Takes the Lead in Electric Vehicle and Charging Station Adoption


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California EV Adoption leads the U.S., with 37% of registered electric vehicles and 27% of charging locations, spanning Level 1, Level 2, and DC Fast stations, aligned with OCPI and boosted by CALeVIP funding.

 

Key Points

California EV adoption reflects the state's leading EV registrations and growth in private charging infrastructure.

✅ 37% of U.S. EVs, 27% of charging locations in 2022

✅ CALeVIP funding boosts public charging deployment

✅ OCPI-aligned data; EVs per charger rose to 75 in CA

 

California has consistently been at the forefront of electric vehicle (EV) adoption, with EV sales topping 20% in California underscoring this trend, and the proliferation of EV charging stations in the United States, maintaining this position since 2016. According to recent estimates from our State Energy Data System (SEDS), California accounts for 37% of registered light-duty EVs in the U.S. and 27% of EV charging locations as of the end of 2022.

The vehicle stock data encompass all registered on-road, light-duty vehicles and exclude any previous vehicle sales no longer in operation. The data on EV charging locations include both private and public access stations for Legacy, Level 1, Level 2, and DC Fast charging ports, excluding EV chargers in single-family residences. There is a data series break between 2020 and 2021, when the U.S. Department of Energy updated its data to align with the Open Charge Point Interface (OCPI) international standard, reflecting changes in the U.S. charging infrastructure landscape.

In 2022, the number of registered EVs in the United States, with U.S. EV sales soaring into 2024 nationwide, surged to six times its 2016 figure, growing from 511,600 to 3.1 million, while the number of U.S. charging locations nearly tripled, rising from 19,178 to 55,015. Over the same period, California saw its registered EVs more than quadruple, jumping from 247,400 to 1.1 million, and its charging locations tripled, increasing from 5,486 to 14,822.

California's share of U.S. EV registrations has slightly decreased in recent years as EV adoption has spread across the country, with Arizona EV ownership relatively high as well. In 2016, California accounted for approximately 48% of light-duty EVs in the United States, which was approximately 12 times more than the state with the second-highest number of EVs, Georgia. By 2022, California's share had decreased to around 37%, which was still approximately six times more than the state with the second-most EVs, Florida.

On the other hand, California's share of U.S. EV charging locations has risen slightly in recent years, as charging networks compete amid federal electrification efforts and partly due to the California Electric Vehicle Infrastructure Project (CALeVIP), which provides funding for the installation of publicly available EV charging stations. In 2016, approximately 25% of U.S. EV charging locations were in California, over four times as many as the state with the second-highest number, Texas. In 2022, California maintained its position with over four times as many EV charging locations as the state with the second-most, New York.

The growth in the number of registered EVs has outpaced the growth of EV charging locations in the United States, and in 2021 plug-in vehicles traveled 19 billion electric miles nationwide, underscoring utilization. In 2016, there were approximately 27 EVs per charging location on average in the country. Alaska had the highest ratio, with 67 EVs per charging location, followed by California with 52 vehicles per location.

In 2022, the average ratio was 55 EVs per charging location in the United States, raising questions about whether the grid can power an ongoing American EV boom ahead. New Jersey had the highest ratio, with 100 EVs per charging location, followed by California with 75 EVs per location.

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How much does it cost to charge an electric vehicle? Here's what you can expect.

Electric Vehicle Charging Costs and Times explain kWh usage, electricity rates, Level 2 vs DC fast charging, per-mile expense, and tax credits, with examples by region and battery size to estimate home and public charging.

 

Key Points

They measure EV charging price and duration based on kWh rates, charger level, efficiency, and location.

✅ Costs vary by kWh price, region, and charger type.

✅ Efficiency (mi/kWh) sets per-mile cost and range.

✅ Tax credits and utility rates impact total ownership.

 

More and more car manufacturing companies dip their toes in the world of electric vehicles every year, making it a good time to buy an EV for many shoppers, and the U.S. government is also offering incentives to turn the tides on car purchasing. Electric vehicles bought between 2010 and 2022 may be eligible for a tax credit of up to $7,500. 

And according to the Consumer Reports analysis on long-term ownership, the cost of charging an electric vehicle is almost always cheaper than fueling a gas-powered car – sometimes by hundreds of dollars.

But that depends on the type of car and where in the country you live, in a market many expect to be mainstream within a decade across the U.S. Here's everything you need to know.


How much does it cost to charge an electric car?
An electric vehicle’s fuel efficiency can be measured in kilowatt-hours per 100 miles, and common charging-efficiency myths have been fact-checked to correct math errors.

For example, if electricity costs 10.7 cents per kilowatt-hour, charging a 200-mile range 54-kWh battery would cost about $6. Charging a vehicle that consumes 27 kWh to travel 100 miles would cost three cents a mile. 

The national average cost of electricity is 10 cents per kWh and 11.7 cents per kWh for residential use. Idaho National Laboratory’s Advanced Vehicle Testing compares the energy cost per mile for electric-powered and gasoline-fueled vehicles.

For example, at 10 cents per kWh, an electric vehicle with an efficiency of 3 miles per kWh would cost about 3.3 cents per mile. The gasoline equivalent cost for this electricity cost would be just under $2.60 per gallon.

Prices vary by location as well. For example, Consumer Report found that West Coast electric vehicles tend to be less expensive to operate than gas-powered or hybrid cars, and are often better for the planet depending on local energy mix, but gas prices are often lower than electricity in New England.

Public charging networks in California cost about 30 cents per kWh for Level 2 and 40 cents per kWh for DCFC. Here’s an example of the cost breakdown using a Nissan LEAF with a 150-mile range and 40-kWh battery:

Level 2, empty to full charge: $12
DCFC, empty to full charge: $16

Many cars also offer complimentary charging for the first few years of ownership or provide credits to use for free charging. You can check the full estimated cost using the Department of Energy’s Vehicle Cost Calculator as the grid prepares for an American EV boom in the years ahead.


How long does it take to charge an electric car?
This depends on the type of charger you're using. Charging with a Level 1 charger takes much longer to reach full battery than a level 2 charger or a DCFC, or Direct Current Fast Charger. Here's how much time you can expect to spend charging your electric vehicle:

 

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Europe must catch up with Asian countries on hydrogen fuel cells - report

Germany Hydrogen Fuel Cell Market gains momentum as policy, mobility, and R&D align; National Hydrogen Strategy, regulatory frameworks, and cost-of-ownership advances boost heavy transport, while Europe races Asia amid battery-electric competition and infrastructure scale-up.

 

Key Points

It is Germany and Europe's hydrogen fuel cell ecosystem across policy, costs, R&D, and mobility and freight deployments.

✅ Policy support via National Hydrogen Strategy and tax incentives

✅ TCO parity improves for heavy transport vs other low-emission tech

✅ R&D targets higher temps, compactness for road, rail, sea, air

 

In a new report examining the status of the German and European hydrogen fuel cell markets, the German government-backed National Platform Future of Mobility (NPM) says there is “a good chance that fuel cell technology can achieve a break-through in mobile applications,” even as the age of electric cars accelerates across markets.

However, Europe must catch up with Asian countries, it adds, even as a push for electricity shapes climate policy. For Germany and Europe to take on a leading role in fuel cell technologies, their industries need to be strengthened and sustainably developed, the report finds. In its paper, the NPM Working Group 4 – which aims to secure Germany as a place for mobility, battery cell production, recycling, training and qualification – states that the “chances of fuel cell technology achieving a break-through in the automotive industry – even in Europe – are better than ever,” echoing recent remarks from BMW's chief about hydrogen's appeal.

The development, expansion and use of the technology in various applications are now supported by “a significantly modified regulatory framework and new political ambitions, as stipulated in the National Hydrogen Strategy,” while updated forecasts show e-mobility driving electricity demand in Germany, the report stresses. In terms of cost of ownership, “hydrogen solutions can hold their own compared to other technologies” and there are “many promising developments in the transport sector, especially in heavy transport.”

If research and development efforts can help optimise installation space and weight as well as increase the operating temperature of fuel cells, hydrogen solutions can also become attractive for maritime, rail and air transport, even as other electrochemical approaches, such as flow battery cars, progress, the report notes. Tax incentives -- such as the Renewable Energy Sources Act (EEG) surcharge exemption for green hydrogen -- can contribute to the technology’s appeal, it adds.

Fuel cell drives are often seen as a way to decarbonise certain areas of transport, such as heavy trucks. However, producing the hydrogen in a sustainable way consumes a lot of renewable electricity that power companies must supply in other sectors, and experts say electricity vs hydrogen trade-offs favor battery-electric trucks because they are much cheaper to run than other low-emission technologies, including fuel cells.

 

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Spread of Electric Cars Sparks Fights for Control Over Charging

Utility-Controlled EV Charging shapes who builds charging stations as utilities, regulators, and private networks compete over infrastructure, grid upgrades, and pricing, impacting ratepayers, competition, and EV adoption across states seeking cleaner transport.

 

Key Points

Utility-controlled EV charging is utilities building charging networks affecting rates, competition and grid costs.

✅ Regulated investment may raise rates before broader savings.

✅ Private firms warn monopolies stifle competition and innovation.

✅ Regulators balance access, equity, and grid upgrade needs.

 

Electric vehicles are widely seen as the automobile industry’s future, but a battle is unfolding in states across America over who should control the charging stations that could gradually replace fuel pumps.

From Exelon Corp. to Southern California Edison, utilities have sought regulatory approval to invest millions of dollars in upgrading their infrastructure as state power grids adapt to increased charging demand, and, in some cases, to own and operate chargers.

The proposals are sparking concerns from consumer advocates about higher electric rates and oil companies about subsidizing rivals. They are also drawing opposition from startups that say the successors to gas stations should be open to private-sector competition, not controlled by monopoly utilities.

That debate is playing out in regulatory commissions throughout the U.S. as states and utilities promote wider adoption of electric vehicles. At stake are charging infrastructure investments expected to total more than $13 billion over the next five years, as an American EV boom accelerates, according to energy consulting firm Wood Mackenzie. That would cover roughly 3.2 million charging outlets.

Calvin Butler Jr., who leads Exelon’s utilities business, said many states have grown more open to the idea of utilities becoming bigger players in charging as electric vehicles have struggled to take off in the U.S., where they make up only around 2% of new car sales.

“When the utilities are engaged, there’s quicker adoption because the infrastructure is there,” he said.

Major auto makers including General Motors Co. and Ford Motor Co. are accelerating production of electric vehicles, and models like Tesla’s Model 3 are shaping utility planning, and a number of states have set ambitious EV goals—most recently California, which aims to ban the sale of new gasoline-powered cars by 2035. But a patchy charging-station network remains a huge impediment to mass EV adoption.

Democratic presidential candidate Joe Biden has called for building more than 500,000 new public charging outlets in a decade as part of his plan to combat climate change, amid Biden’s push to electrify the transportation sector. But exactly how that would happen is unclear. The U.S. currently has fewer than 100,000 public outlets, according to the Energy Department. President Trump, who has weakened federal tailpipe emissions targets, hasn’t put forward an electric-vehicle charging plan, though he backed a 2019 transportation bill that would have provided $1 billion in grants to build alternative fueling infrastructure, including for electric vehicles.

Charging access currently varies widely by state, as does utility involvement, with many utilities bullish course on EV charging to support growth, which can range from providing rebates on home chargers to preparing sites for public charging—and even owning and operating the equipment needed to juice up electric vehicles.

As of September, regulators in 24 states had signed off on roughly $2.6 billion of utility investment in transportation electrification, according to Atlas Public Policy, a Washington, D.C., policy firm. More than half of that spending was authorized in California, where electric vehicle adoption is highest.

Nearly a decade ago, California blocked utilities from owning most charging equipment, citing concerns about potentially stifling competition. But the nation’s most populous state reversed course in 2014, seeking to spur electrification.

Regulators across the country have since been wrestling with similar questions, generating a patchwork of rules.

Maryland regulators signed off last year on a pilot program allowing subsidiaries of Exelon and FirstEnergy Corp. to own and operate public charging stations on government property, provided that the drivers who use them cover at least some of the costs.

Months later, the District of Columbia rejected an Exelon subsidiary’s request to own public chargers, saying independent charging companies had it covered.

Some charging firms argue utilities shouldn’t be given monopolies on car charging, though they might need to play a role in connecting rural customers and building stations where they would otherwise be uneconomical.

“Maybe the utility should be the supplier of last resort,” said Cathy Zoi, chief executive of charging network EVgo Services LLC, which operates more than 800 charging stations in 34 states.

Utility charging investments generally are expected to raise customers’ electricity bills, at least initially. California recently approved the largest charging program by a single utility to date: a $436 million initiative by Southern California Edison, an arm of Edison International, as the state also explores grid stability opportunities from EVs. The company said it expects the program to increase the average residential customer’s bill by around 50 cents a month.

But utilities and other advocates of electrification point to studies indicating greater EV adoption could help reduce electricity rates over time, by giving utilities more revenue to help cover system upgrades.

Proponents of having utilities build charging networks also argue that they have the scale to do so more quickly, which would lead to faster EV adoption and environmental improvements such as lower greenhouse gas emissions and cleaner air. While the investments most directly help EV owners, “they accrue immediate benefits for everyone,” said Jill Anderson, a Southern California Edison senior vice president.

Some consumer advocates are wary of approving extensive utility investment in charging, citing the cost to ratepayers.

“It’s like, ‘Pay me now, and maybe someday your rates will be less,’” said Stefanie Brand, who advocates on behalf of ratepayers for the state of New Jersey, where regulators have yet to sign off on any utility proposals to invest in electric vehicle charging. “I don’t think it makes sense to build it hoping that they will come.”

Groups representing oil-and-gas companies, which stand to lose market share as people embrace electric vehicles, also have criticized utility charging proposals.

“These utilities should not be able to use their monopoly power to use all of their customers’ resources to build investments that definitely won’t benefit everybody, and may or may not be economical at this point,” said Derrick Morgan, who leads federal and regulatory affairs at the American Fuel & Petrochemical Manufacturers, a trade organization.

Utility executives said their companies have long been used to further government policy objectives deemed to be in the public interest, drawing on lessons from 2021 to guide next steps, such as improving energy efficiency.

“This isn’t just about letting market forces work,” said Mike Calviou, senior vice president for strategy and regulation at National Grid PLC’s U.S. division.

 

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GM Canada announces tentative deal for $1 billion electric vehicle plant in Ontario

GM Canada-Unifor EV Deal outlines a $1B plan to transform the CAMI plant in Ingersoll, Ontario, building BrightDrop EV600 delivery vans, boosting EV manufacturing, creating jobs, and securing future production with government-backed investment.

 

Key Points

A tentative $1B deal to retool CAMI for BrightDrop EV600 production, creating jobs and securing Canada's EV manufacturing.

✅ $1B to transform CAMI, Ingersoll, for BrightDrop EV600 vans

✅ Ratification vote set; Unifor Local 88 to review details

✅ Supports EV manufacturing, delivery logistics, and new jobs

 

GM Canada says it has reached a tentative deal with Unifor that if ratified will see it invest $1 billion to transform its CAMI plant in Ingersoll, Ont., to make commercial electric vehicles, aligning with GM's EV hiring plans across North America.

Unifor National President Jerry Dias says along with the significant investment the agreement will mean new products, new jobs amid Ontario's EV jobs boom and job security for workers.

Dias says in a statement that more details of the tentative deal will be presented to Unifor Local 88 members at an online ratification meeting scheduled for Sunday.

He says the results of the ratification vote are scheduled to be released on Monday.

Details of the agreement were not released Friday night.

A GM spokeswoman says in a statement that the plan is to build BrightDrop EV 600s -- an all-new GM business announced this week at the Consumer Electronics Show and part of EV assembly deals that put Canada in the race -- that will offer a cleaner way for delivery and logistics companies to move goods more efficiently.

Unifor said the contract, if ratified, will bring total investment negotiated by the union to nearly $6 billion after new agreements were ratified with General Motors, Ford, including Ford EV production plans, and Fiat Chrysler in 2020 that included support from the federal and Ontario governments, and parallel investments such as a Niagara Region battery plant bolstering the supply chain.

It said the Ford deal reached in September included $1.95 billion to bring battery electric vehicle production to Oakville via the Oakville EV deal and a new engine derivative to Windsor and the Fiat Chrysler agreement included more than $1.5 billion to build plug-in hybrid vehicles and battery electric vehicles.

Unifor said in November, General Motors agreed to a $1.3 billion dollar investment to bring 1,700 jobs to Oshawa, as Honda's Ontario battery investment signals wider sector momentum, plus more than $109 million to in-source new transmission work for the Corvette and support continued V8 engine production in St. Catharines.

 

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Stalled spending on electrical grids slows rollout of renewable energy

IEA Grid Expansion Warning highlights stalled investment in power lines and transmission infrastructure, risking renewable energy rollout for solar, wind, EVs, and heat pumps, and jeopardizing climate targets under the Paris Agreement amid connection bottlenecks.

 

Key Points

IEA alert urging grid investment to expand transmission, connect renewables, and keep 1.5 C climate goals on track.

✅ 80 million km of lines needed by 2040, per IEA

✅ Investment must double to $600B annually by 2030

✅ Permitting delays stall major cross-border projects

 

Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines are not added or refurbished in the next few years, the International Energy Agency said.

The Paris-based organization said in the report Tuesday that the capacity to connect to and transmit electricity is not keeping pace with the rapid growth of clean energy technologies such as solar and wind power, electric cars and heat pumps being deployed to move away from fossil fuels, a gap reflected in why the U.S. grid isn't 100% renewable today.

IEA Executive Director Fatih Birol told The Associated Press in an interview that there is a long line of renewable projects waiting for the green light to connect to the grid, including UK renewable backlog worth billions. The stalled projects could generate 1,500 gigawatts of power, or five times the amount of solar and wind capacity that was added worldwide last year, he said.

“It’s like you are manufacturing a very efficient, very speedy, very handsome car — but you forget to build the roads for it,” Birol said.

If spending on grids stayed at current levels, the chance of holding the global increase in average temperature to 1.5 degrees Celsius above pre-industrial levels — the goal set by the 2015 Paris climate accords — “is going to be diminished substantially,” he said.

The IEA assessment of electricity grids around the globe found that achieving the climate goals set by the world’s governments would require adding or refurbishing 80 million kilometers (50 million miles) of power lines by 2040 — an amount equal to the existing global grid in less than two decades.

Annual investment has been stagnant but needs to double to more than $600 billion a year by 2030, the agency said, with U.S. grid overhaul efforts aiming to accelerate upgrades.

It’s not uncommon for a single high-voltage overhead power line to take five to 13 years to get approved through bureaucracy in advanced economies, while lead times are significantly shorter in China and India, according to the IEA, though a new federal rule seeks to boost transmission planning.

The report cited the South Link transmission project to carry wind power from northern to southern Germany. First planned in 2014, it was delayed after political opposition to an overhead line meant it was buried instead, while more pylons in Scotland are being urged to keep the lights on, industry says. Completion is expected in 2028 instead of 2022.

Other important projects that have been held up: the 400-kilometer (250-mile) Bay of Biscay connector between Spain and France, now expected for 2028 instead of 2025, and the SunZia high-voltage line to bring wind power from New Mexico to Arizona and California, while Pacific Northwest goals are hindered by grid limits. Construction started only last month after years of delays.

On the East Coast, the Avangrid line to bring hydropower from Canada to New England was interrupted in 2021 following a referendum in Maine, as New England's solar growth is also creating tension over who pays for grid upgrades. A court overturned the statewide vote rejecting the project in April.

 

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Biden seen better for Canada’s energy sector

Biden Impact on Canadian Energy Exports highlights shifts in trade policy, tariffs, carbon pricing, and Keystone XL, with implications for aluminum, softwood lumber, electricity trade, fracking limits, and small modular nuclear reactors.

 

Key Points

How Biden-era trade, climate rules, and tariffs may reshape Canadian energy and exports.

✅ Reduced tariff volatility and friendlier trade policy toward allies

✅ Climate alignment: carbon pricing, clean power, cross-border electricity

✅ Potential gains for oil, gas, aluminum, and softwood lumber exporters

 

There is little doubt among industry associations, the Conference Board of Canada and C.D. Howe Institute that a Joe Biden White House will be better for Canadian resource and energy exporters – even Alberta’s beleaguered oil industry, despite Biden’s promise to kill the Keystone XL pipeline.

The consensus among industry observers in the lead-up to the November 3 U.S. presidential election was that a re-elected Donald Trump would become even more pugnacious on trade and protectionism, putting electricity exports at risk for Canadian utilities, which would be bad for Canadian exporters. The Justin Trudeau government would likely come under increased pressure to lower Canadian business taxes to compete with Trump’s low-tax climate.

“A Joe Biden victory would likely lead to higher taxes for both corporations and wealthy Americans to help pay down the gigantic fiscal deficit that is currently running at plus-US$5 trillion,” the conference board concluded in a recent analysis.

On trade and tariffs, the conference board said: “Many but not all of these ongoing trade disputes would wither away under a Joe Biden administration. He would likely run a broad trade policy favouring strategic allies like Canada.

While Canadian industries like forestry and aluminum smelting benefited from strong demand and prices in the U.S. under Trump, the forced renegotiation of the North American Free Trade Agreement failed end tariffs and duties on things like softwood lumber and aluminum ingots, even as Canadians backed tariffs on energy and minerals during the dispute.

The uncertainty over trade issues, and Trump’s tax cuts, which made Canada’s tax regime less competitive, have contributed to a period of low business investment in Canada during Trump's presidency.

“For Canada, we’ve seen a period, since this administration has been in power, where investment has eroded steadily,” conference board chief economist Pedro Antunes said. “We are not doing well at all, in terms of private capital investment in Canada.”

Alberta’s oil industry has been hit particularly hard, with a slew of divestments by big energy giants, and cancellations of major projects, like the $20 billion Frontier oilsands project, scrubbed by Teck Resources.

While domestic policies and global market forces are partly to blame for falling investments in Canada’s oil and gas sector, up until the pandemic hit, investment in oil and gas increased significantly in the U.S., while declining in Canada, during Trump’s first term.

Biden is also expected to level the playing field with respect to climate change policies. Canadian industries pay carbon taxes and face regulations that their counterparts in the U.S. don’t. That has disadvantaged energy-intensive, trade-exposed industries like mines and pulp mills in Canada.

“With Biden in office, Canada will once again have a partner at the federal level in the states in the transition to a decarbonized economy,” said Josha MacNab, national policy director for the Pembina Institute.

Biden’s policies might also favour importing aluminum, cross-laminated timber, fuel cells and other lower-carbon products and commodities from Canada.

At least one observer believes that Canada’s oil and gas sector might benefit more from a Biden White House, despite Biden’s pledge to kill the Keystone XL pipeline.

“I think Joe Biden could be very good for Alberta,” Christopher Sands, director of the Wilson International Center’s Canada Institute, said in a recent discussion hosted by the C.D. Howe Institute.

Sands added that the presidential permit Biden has promised to tear up on the Keystone XL pipeline project is a construction permit, not an operating permit.

“The segment of that pipeline that crosses the U.S.-Canada border, which is the only place that the presidential permit applies, has been built,” Sands said. “So I think that’s somewhat of an empty threat.”

He added that, if Biden bans fracking on federal lands, as he has promised, and implements other restrictions that make it more costly for American oil and gas producers, it might increase the demand for Canadian oil and gas in the U.S. The demand would be highest in the U.S. Midwest, which depends largely on Marcellus Shale production, notably in Pennsylvania, and Western Canada for its oil and gas.

One of the Canadian industries directly affected by the Trump administration was aluminum smelting, which is relevant for B.C. because Rio Tinto plc’s Kitimat smelter exports aluminum to the U.S.

Jean Simard, president of the Aluminum Association of Canada, said one of Trump’s legacies was the reactivation of a little-used mechanism – Section 232 of the Trade Expansion Act – to hit Canada and other countries, notably China, with import tariffs.

The 10 per cent tariffs on aluminum cost Canadian aluminum producers US$15 million in the month of August alone, Simard said.

The Trump administration eventually exempted Canadian aluminum exports from the tariffs, then reintroduced them, and then, one week before the election, exempted them again.

These on-again, off-again tariff threats create tremendous uncertainty, not just for Canadian producers, but also for U.S. buyers. That kind of uncertainty is likely to ease under a Biden presidency.

Simard said Biden’s track record suggests he is well-disposed towards Canada and less confrontational with allies and trade partners in general, and some in Washington have called for a stronger U.S.-Canada energy partnership as well.

Meanwhile, softwood lumber tariffs have been imposed by Democrats and Republicans alike. But there are compelling reasons for ending the Canada-U.S. softwood lumber war.

Home renovation and repair in the United States has done surprisingly well during the pandemic.

As a result of sawmill curtailments in the U.S. due to pandemic restrictions and high demand for lumber in the U.S. housing sector, North American lumbers prices broke records this summer, soaring as high as US$900 per thousand board feet.

“It shows that there’s very strong demand for our product,” said Susan Yurkovich, president of the Council of Forest Industries.

Ultimately, the duties Canadian lumber exporters pay are passed on to U.S. consumers.

Sands said Biden’s climate action pledges, including a clean electricity standard, could increase opportunities for trading electricity between Canada in the U.S., as the U.S. increasingly looks to Canada for green power, and could also be good for Canadian nuclear power technology.

Strong climate change policies necessarily result in an increased demand for low-carbon electricity, and advancing clean grids, which Canada has in abundance, thanks to both hydro and nuclear power.

“[Biden] does share the desire to act on climate change, but unlike some of his fellow party members who are more signed on to a Green New Deal, he’s open to pragmatic solutions that might get the job done quickly and efficiently,” Sands said.

“This is a huge opportunity for small, modular nuclear reactors, and Atomic Energy Canada has some great designs. There’s a real opportunity for a nuclear revival.” 

 

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