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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.

Global 170
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Study: countries seeking to cut CO2 emissions must get a handle on city-level emissions

Green Car Congress

The researchers set out a framework for gathering and analyzing local information about how cities contribute to pollution levels, and show how these insights could be used to target climate mitigation initiatives most effectively. Total CO 2 emissions of 182 Chinese cities. Shan et al. 6, eaaq0390 doi: 10.1126/sciadv.aaq0390.

Emissions 210
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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund. China exported over 1.2

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

Green Car Congress

We need to be talking about trillions per year if we are to meet climate goals. This has been due to two factors: the decline in upfront costs of the vehicles—driven by falling battery prices—and changes in predominant duty cycles of vehicles sold in developed economies (Europe, US). billion, Vietnam 89% higher at $7.4

2020 259