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Polestar announces goal of climate-neutral car by 2030

Green Car Congress

Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. The company made the announcement in its first annual review. Consumers are a huge driving force in the shift to a sustainable economy. Offsetting is a cop-out.

Climate 389
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Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012. Green Climate Fund.

Climate 294
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

Obama 249
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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. The financial community has a critical role to play in supporting sustainable development, including the transition to a low carbon economy. —Carla de Geyseleer, Chief Financial Officer.

Volvo 514
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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. Both approaches are essential parts of an integrated strategy for dealing with climate change.

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EEA report: EVs are better for climate and air quality

Green Car Congress

Promoting renewable energy and circular economy—including the shared use of vehicles and product design that supports reuse and recycling—will help maximize the benefits of shifting to electric vehicles, according to the report. —“Electric vehicles from life cycle and circular economy perspectives”.

Climate 268
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IEA: global carbon dioxide emissions have rebounded strongly

Green Car Congress

Major economies led the resurgence as a pick-up in economic activity pushed energy demand higher and significant policies measures to boost clean energy were lacking. Many economies are now seeing emissions climbing above pre-crisis levels. China was the only major economy that grew in 2020.

Emissions 433