Automotive Sets The Pace For Carbon Reduction

Contributing sentiments towards policy:

54% : The challenge is not only to set the corresponding emissions targets but to identify a plan to meet those targets and then implement corresponding incentives and regulations.
50% : Although hydrogen vehicle sales globally are not growing, the EU is on track to mandate that hydrogen stations be installed in major cities and China saw a doubling of hydrogen vehicle sales in the first half of 2023.
41% : Even in the EU, there is slowing momentum for replacing the internal combustion engine with EVs.
38% : As a point of comparison, the report shows the share of solar and wind generation in total electricity generation is slightly off track for 2030 and the reduction of public financing for fossil fuel extraction is going in the wrong direction (increasing).

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