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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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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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Why EVs Aren't a Climate Change Panacea

Cars That Think

Electric cars will not save the climate. This is not to imply in any way that electric vehicles are worthless. must have 90 percent of its vehicles, or some 350 million EVs, on the road by 2050 in order to hit its emission targets. and elsewhere, it still will not be sufficient to meet net zero 2050 emission targets.

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3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

Green Car Congress

Total greenhouse gas emissions in the European Union (EU) decreased by 3.8% The large decline in emissions, achieved before the COVID-19 crisis, was mainly due to reduced coal use for power generation. The large decline in emissions, achieved before the COVID-19 crisis, was mainly due to reduced coal use for power generation.

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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

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Study finds climate impact of hydropower varies widely

Green Car Congress

Although hydropower is broadly considered to be much more environmentally friendly than electricity generated from fossil fuels (e.g., Although hydropower is broadly considered to be much more environmentally friendly than electricity generated from fossil fuels (e.g., They also estimated emissions caused by flooding the reservoir.

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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.