At first glance, the port of LA — the busiest container-handling port in North America — seems like what you'd expect at a bustling gateway for international trade. Each of its terminals is like a small city, full of forklifts and towering cranes, with fleets of semi-trailer trucks lined up to transport cargo, and rows of shipping containers stacked on top of each other like giant, multicolored blocks.
But then a different picture begins to emerge. First: Here, at the country’s biggest container-handling port by tonnage, the air is noticeably clean. Second, roughly 100 of those trucks are zero-emissions. Compare this with 2021, when, combined with the nearby Port of Long Beach, 2.4 million metric tons of carbon dioxide equivalent were emitted, representing two percent of California’s total emissions. Finally, remember the seal? It’s just one of many species, from starfish to seabirds, that live in and around these waters.
Through the Earth Fund’s grant, two organizations — Mission Possible Partnership (MPP) and Rocky Mountain Institute (RMI) — are working with ports on three types of projects: green shipping corridors, zero-emissions terminal operations, and zero-emissions trucking. Combined, these efforts are helping to accelerate the port’s goal to be the greenest port in North America, and among the greenest globally.
Our grantees assessed 138 industrial facilities in LA and Houston to find those that had the size and scale, local backing, and commercial potential as game-changing investments to make these two regions into centers of the new American industrial economy.
To date, the Earth Fund has deployed almost $24 million to support 27 projects, including 14 clean hydrogen projects, and four projects each in clean shipping, green cement, and sustainable aviation fuel. “We helped these projects move toward financial close by finalizing technological and economic feasibility, sharpening policy asks, engaging local communities, and designing financial solutions,” says Kessler. “As a result, we’re on track to unlock and accelerate $34 billion of capital expenditure, including $14 billion in federal subsidies, and reduce an estimated 648 million tons of carbon pollution through 2050.”