NEW YORK — It’s one thing to get people to care about the price of energy. It’s quite another challenge to get them to care about the source of energy and its environmental impact.
But buying an electric car — presumably, in part, to reduce one’s carbon footprint — may push people to think about where the electricity to power that vehicle comes from, according to one early investor in Tesla Motors.
“The electric vehicle is like a Trojan horse for energy literacy,” Nancy Pfund, managing partner at the venture capital firm DBL Partners, said during a panel discussion at the Bloomberg New Energy Finance Summit in Manhattan on Monday morning.
Pfund said she noticed the possible linkage a decade ago, when DBL first invested in Tesla, which sells luxury electric cars, and its sister company, SolarCity, which markets solar power systems. Both are chaired by billionaire Elon Musk.
“In the early days of Tesla, early adopters would buy the Roadster or the Model S, and weeks later we’d see an uptick in solar adopters,” she told The Huffington Post in an interview. “They’re really examples of the connection between transportation and the green electrical grid.”
The idea is that no one wants to go greener by buying a battery-powered electric vehicle only to charge it with electricity generated from burning coal or gas.
To read the full article, visit The Huffington Post.