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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.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

Electric cars will not save the climate. It is completely wrong,” Fatih Birol , Executive Director of the International Energy Agency (IEA), has stated. This is not to imply in any way that electric vehicles are worthless. Transportation accounts for only 27 percent of greenhouse gas emissions (GHG) in the U.S.;

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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.

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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.

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Porsche calls for suppliers to switch to green energy

Green Car Congress

emissions in its supply chain: the sports car manufacturer is calling for its around 1,300 series suppliers to use exclusively renewable energy in the manufacture of Porsche components as of July 2021. Suppliers who are unwilling to switch to certified green energy will no longer be considered for contracts with Porsche in the long term.

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EPA GHG Inventory shows US GHG down 1.7% y-o-y in 2019, down 13% from 2005

Green Car Congress

The US Environmental Protection Agency (EPA) released its 28 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas emissions from 1990 to 2019. CO 2 emissions decreased 2.2% from 2018 to 2019. Total GHG emissions in 2019 were up 1.8% Source: EPA.

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CMA CGM creates US$1.5B fund to accelerate energy transition in shipping and logistics

Green Car Congress

Shipping major CMA CGM Group is creating a Special Fund for Energies to accelerate its energy transition and achieve net-zero carbon by 2050. The CMA CGM Group has already begun to respond to climate change by using liquefied natural gas (LNG) as a transitional maritime fuel.

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