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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. Electric bus (e-bus) sales are the second-largest category, although annual investment in the segment has decreased from $21 billion in 2016 to $11 billion in 2020. billion for the 2.5GW Dogger Bank project in the UK North Sea.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. —PwC.