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Plug-in electric vehicles are promising and sales have started, but it will take time to reach very large volumes, and will likely require strong incentives over the coming decade to reach a fully competitive point. carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond.
The International Energy Agency (IEA) has estimated that fuel consumption and emissions of CO 2 from the world’s cars will roughly double between 2000 and 2050. Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions. Component standards, taxes and incentives.
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