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BASF intensifying R & D of products for sustainable electromobility; triple-digit million euro investment in batteries over next 5 years

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And while the combustion engine provides exhaust heat in winter, an electric vehicle consumes electricity to heat the interior. Electromobility will only significantly contribute to environmental and climate protection when the electricity from the batteries has been generated high efficiently and with less CO 2.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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The legislation would also provide new incentives for domestic oil and gas drilling, nuclear power plant construction, carbon capture and storage, and renewable energy sources like wind and solar. Ultimately, the decision of whether to invest in renewable energy will be made by investors taking a cold, hard look at economic realities.

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