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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

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C global warming. GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). 2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. The paper is published in the journal Nature Climate Change.

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Leading UK scientists set out resource challenge of meeting EV targets by 2050

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Last month, the Committee on Climate Change published a report— Net Zero: The UK’s Contribution to Stopping Global Warming —which concluded that “net zero is necessary, feasible and cost effective.” TWh of power to produce the new metals for the UK fleet, amounting to 6% of the UK’s current annual electrical usage.

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Walmart to electrify fleet by 2040

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Walmart announced it is targeting zero emissions across the company’s global operations by 2040. We face a growing crisis of climate change and nature loss and we all need to take action with urgency. —Doug McMillon, president and CEO, Walmart, Inc. and president of the Walmart Foundation.

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BMW Group makes sustainability and efficient resource management central to its strategic direction

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The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. The principle of continuous improvement will remain at the heart of the strategy to reduce CO 2 emissions and increase resource efficiency. For a fleet of around 2.5 Circular economy for responsible resource management.

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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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This is an important development because there is little time available to reduce CO 2 emissions sufficiently to avoid the worst effects of climate change. In order to replace all fossil gasoline in the United States, assuming 66% resource availability and a 60% conversion efficiency, an additional 1.4 —Rob McGinnis.

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Ford researchers: global light-duty CO2 regulatory targets broadly consistent with 450 ppm stabilization

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In the study, the Ford team derived regional CO 2 targets for new LDVs while still providing an integrated view of the global LDV fleet—a perspective critical to the planning needs for global automotive firms. They refer to these emission trajectories as the global CO 2 caps.

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Maersk sets net zero CO2 emission target by 2050

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of global CO2 emissions. This makes the sector pivotal in bringing down global emissions. We will invest significant resources for innovation and fleet technology to improve the technical and financial viability of decarbonized solutions. The next 5-10 years are going to be crucial.

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