Remove Climate Remove Economy Remove Emissions Remove United Arab Emirates
article thumbnail

ICAO establishes 2050 net-zero CO2 emission goal for international aviation

Green Car Congress

The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. Previous ICAO negotiations have focused on offsetting emissions growth above a 2020 baseline. The agreement is exciting, in part because ICAO has stopped pretending to be a global climate cop.

article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Technologies such as electric heat, CCS and hydrogen are only attracting a fraction of the investment they will need in the 2020s to help bring emissions under control. We need to be talking about trillions per year if we are to meet climate goals. —Albert Cheung, head of analysis at BNEF. billion (up 67%), with China at $134.8

2020 259
article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund. The electrification of 2/3Ws and public or shared mobility will be key to achieve emissions reductions in such cases.