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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5 Transportation is central to the social and economic activity of people across the world. restructure pricing incentives so users Pay for the full costs of transport consumption.

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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

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Asia must scale up sustainable transport development or face a bleak future of congested roads, pollution, ill health and economic damage, which could have ripple effects around the world, the third ADB (Asian Development Bank) transport forum heard earlier this month in Manila.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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Under that, the plan sketches out 3 strategic goals: Strategic Objective One: Advance the goals and objectives in the President’s Climate Action Plan by supporting prudent development, deployment, and efficient use of “all of the above” energy resources that also create new jobs and industries.

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Report: Major changes needed to transport financing

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If the transport sector is to cope with the rapid growth in motor vehicle traffic and the related environmental and health issues then major changes are needed to how transport is financed. It stated [.].

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UC Davis, ITDP report finds shared mobility essential for realizing full benefits of electrification and automation

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In contrast, by encouraging a large increase in trip sharing, transit use, and active transport through policies that support compact, mixed use development, cities worldwide could save an estimated $5 trillion annually by 2050 while improving livability and increasing the likelihood of meeting climate change targets.

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Lucid Group, Saudi Arabia agree to 100,000 EV fleet deal

Teslarati

Delivering up to 100,000 Lucid electric vehicles in Saudi Arabia represents another pivotal moment in our acceleration of sustainable transportation worldwide,” Lucid Group CEO Peter Rawlinson said. “We The commitment was made after Lucid accepted a financing package worth over $1 billion from the Saudi Pacific Fund in 2018.

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Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

The agreements not only solidify the plans for the manufacturing plant, which is Lucid’s first outside of the United States, but also locks in funding, financing, and incentive plans to make the project possible. Lucid Group will receive up to $3.4 That target has been moved up to 155,000 per year.