|
Briefing
|
- Natural Gas Ban – Mayor Sam Liccardo and city council members of San Jose, California unanimously approved ban on installing natural gas lines in new residential buildings on September 17, 2019
- Biggest U.S. City – Makes San Jose latest and biggest of U.S. cities, which include Berkeley, Menlo Park and Santa Monica, to implement such ban
- Reducing Emissions – Natural gas releases methane, more potent greenhouse gas compared to carbon dioxide emissions from coal and oil, with appliances that use gas (e.g. stoves, water heaters and furnaces) making up one-third of greenhouse gas emissions
- Other Benefits – Could lower costs through use of electricity and reduce risk of fire and explosions
- EV Parking Requirement – Ordinance also requires multi-family buildings to dedicate 20% of parking spaces to electric vehicles (EV), with 70% pre-wired and ready for potential EV use
|
|
Accelerator
|
|
|
Market Disruption
|
|
|
Sector
|
Energy, Government (excluding military), Real Estate and Construction
|
|
Source
|
|
|
Original Publication Date
|
September 18, 2019
|
