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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Peters, D. Schnell, J. Kinney, P.

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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. The new targets for 2030 are: A further 30% reduction in Rio Tinto’s emissions intensity from 2018 levels.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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Study: Fossil fuel CO2 emissions reached max daily decline of 17% in April

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A preliminary analysis of global data has found that carbon dioxide emissions from fossil fuel sources reached a maximum daily decline of 17% in April as a result of drastic decline in energy demand that have occurred during the COVID-19 pandemic. Percentage change in global daily fossil CO 2 emissions, Jan-May 2020.

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Why EVs Aren't a Climate Change Panacea

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For instance, Alexandre Milovanoff at the University of Toronto and his colleagues’ research (which is described in depth in a recent Spectrum article ) demonstrates the U.S. must have 90 percent of its vehicles, or some 350 million EVs, on the road by 2050 in order to hit its emission targets. These will also have to be decarbonized.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

Green Car Congress

A new study by researchers at the University of Toronto has found that current US policies are insufficient to remain within a sectoral CO 2 emission budget for light-duty vehicles that is consistent with preventing more than 2?°C GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). C global warming.

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California and China expand partnership on climate change

Green Car Congress

and China’s top climate official, National Development and Reform Commission (NDRC) Vice Chairman Xie Zhenhua, signed an agreement on climate change—the first between the NDRC and a subnational entity. The NDRC oversees China’s efforts to address climate change and much of the government’s economic strategy.