More than a third of all new vehicles sold globally in 2030 will be electric, according to the IEA. That’s a doubling of its prediction made only two years ago. Josh Gabbatiss at Carbon Brief summarises the report. The IEA describes the growth as “explosive”: from just 1% of global car sales in 2017, to 14% last year, and now 18% expected by the end of 2023. China has consistently dominated those sales while new policies in the U.S. and EU are … [Read more...]
Poorly defined “efficiency” incentives birthed the SUV. Beware the same mistake with “clean energy” jobs, “domestic” batteries + more
Financial support for the transition needs clear and carefully chosen definitions of what qualifies for that support. Getting it wrong leads to unintended consequences, some which may not reduce emissions, explains James Sallee at the Energy Institute at Haas. Ever wondered why SUVs and big cars proliferated after the 1970s in the U.S. (and are on roads all over the world now)? The 1970s oil crisis triggered new rules that penalised fuel … [Read more...]
