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C of C GreenSheet 

 Building Stronger Chambers One Sustainable Step At A Time

 California Chamber "GreenSeeds" - Santa Cruz !

 

 Growing $$ for Local California Economies

 

 

 

In this issue

 

Santa Cruz Chamber member Ecology Action uses employee "Business Miles" by trading "gas for cash" to unlock a portion of employee vehicle expense payments for new clean vehicle purchases.

 

 

 

 

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Ecology Action, a non-profit member of he Santa Cruz Chamber,  has been a leader in developing sustainable community programs since 1970.

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Founded on Earth Day on 1970, Ecology Action Inc. (EA) is a nonprofit working jointly with private businesses and the public sector to reduce energy consumption, conserve material resources, and prevent pollution. EA designs and implements environmental services, including energy audits, technical assistance programs, and public education programs to instill environmental awareness and help businesses and community agencies save money. Learn more about Ecology Action and  their current projects at www.ecoact.org.

This GreenSeeds edition is about vehicles because we believe affordable battery powered vehicles will serve to re-launch America's economy while improving our collective "carbon footprint" faster than almost anything else.

Ecology Action has 55 employees and 11 of those are what could be described as "road warriors", meaning these employees are out every day driving their own vehicles often more than 10,000 miles each year throughout five northern California counties to help businesses properly invest and install energy efficiency improvements.  When the non-profit began looking at their total carbon footprint, those vehicle miles popped out as the bulk of the measured emissions.

In an effort to lower those emissions, Ecology Action decided to offer employees up to $6000 "up front" so they could purchase cleaner vehicles.  Here's the math:

An employee drives 10,000 miles per year and therefore receives $5000 in expense re-imbursements based on the current IRS ($ 0.50 per mile), regulations. Ecology Action agrees to look ahead three years and loan the employee 40% of that re-imbursement in return for those funds to be paid back as the miles pile up.  The employee gets to use those funds to by a more fuel efficient vehicle.  The employee effectively trades what they would use for gas for the cash needed to better afford a new vehicle.  Thus, Ecology Action lowers their carbon footprint.

When we heard about this, it occured to us that this innovative access to capital approach might be applied on a broader level. 

 

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Consider the Chevy Volt from GM.  It will be the first mass produced production car to be able to travel 40 miles on battery power alone before the gas generator boosts the battery to deliver another 300 miles.  The cost of the electricity is less than half that of gasoline per mile driven.

When Volts arrive later in 2010, every one purchased means a boost to GM and to America's GDP while at the same time, lowering fuel costs and emissions.  Some might suggest purchasing cars like this is an act of "economic patriotism".   What we do know is that when more cars are built and purchased here in America, that creates jobs.  With gas costs in Europe twice what we pay in the U.S., exports may grow.

Small Business California just surveyed 119 businesses in California in a random survey.  Granted, it is a small sample, but over 25% of those businesses had an average of 6 employees eligible for a program like the one offered by Ecology Action.  This is encouraging.  Another  sample worth noting:  PG&E has over 1500 employees that drive their own vehicles over 5000 miles per year on company business.

 

So while Ecology Action works hard to lower costs for businesses and organizations by helping them save energy, perhaps this innovative effort aimed at providing an employee benefit can also demonstrate how dollars we're now using for gasoline might be "recycled" and used to re-launch America's auto manufacturing base. 

 

To join the Santa Cruz Chamber of Commerce, click HERE!  To other California chambers:  Please let us know about your Green Members so we can publish your story in the C of C GreenSheet!