April 30, 2021

Law360 Quotes Mike Bloomquist on Opportunities for Federal Clean Energy Procurement

1 min

On April 30, 2021, Mike Bloomquist was quoted in Law360 on opportunities for federal clean energy procurement. According to the article, federal clean energy procurement is a key component of President Joe Biden's January executive order outlining his plans to tackle climate change, which include electrifying federal vehicle fleets and climate-proofing government buildings and making them more energy-efficient.

Biden's executive order calls for the complete electrification of the federal government's vehicle fleet, including the fleet of the U.S. Postal Service. The U.S. General Services Administration, which does centralized procurement for the government, manages more than 225,000 vehicle leases. That's a drop in the bucket compared to the hundreds of millions of vehicles on the road in the U.S., but experts say government commitment can still encourage expansion of the electric vehicle market.

"It might not be the greatest percentage of vehicles," said Bloomquist. "But if the federal government says, 'Hey, this is what we're buying in the future,' you start providing a floor out there for anybody who's thinking about getting into this business or scaling up manufacturing of lithium batteries, for instance, and providing certainty to these types of investments."

Click here to access the article.