article thumbnail

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.

article thumbnail

Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

article thumbnail

Are Electric Cars Really Helping the Environment?

The Truth About Cars

Photo credit: mpohodzhay / Shutterstock.com A recent study by the Keck School of Medicine of USC provides new insights into the potential benefits of electric vehicle (EV) adoption. This study marks a significant step in understanding the impact of electric cars on public health and the environment.

article thumbnail

Tesla submits Gigafactory Berlin approval documents: Environment Ministry

Teslarati

Tesla has submitted all of the required documents for the German State of Brandenburg to approve the operation and production of electric vehicles at the company’s first European production facility known as Gigafactory Berlin. I’d love to hear from you!

article thumbnail

PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. —PCAST letter to the President. The six key components are: 1.

article thumbnail

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

article thumbnail

Are electric cars better for the environment? | EVBox

EV Box

Electric vehicles (EVs) have emerged over the past decade as a key tool in the fight against transport-related emissions—and climate change. At the same time, governments around the world, including the EU, are incentivizing the purchase of electric vehicles.