A new study finds that the global shift to electric vehicles (EVs) could significantly reduce energy use and carbon emissions, but only if governments act aggressively to lower costs and align policies across regions. Published in Resources, Environment and Sustainability, the paper, “Future Changes in CO2 Emissions in the Shift to Electric Mobility in Countries With Varied Levels of Zero-Emission Vehicle Policies,” examines how the pace and scale of EV adoption vary widely worldwide, shaped by policy strength, economic conditions and infrastructure readiness within each country.
Global EV transition hinges on policy adoption and cost reductions, says study
More In Finance
-
Canada has some of the highest interchange fees in the world. Interchange fees are the fees businesses pay each time their customers pay by credit card. The average interchange fee in Canada is about 1.5 per cent of [...]
-
Main Street businesses that survived COVID-19 restrictions are now navigating a pandemic recovery where predicted changes in the retail industry have been accelerated by five to 10 years. The ability to adapt to these changes, coupled [...]
-
The big idea Consumers who see a product on sale being virtually touched are more engaged and willing to pay more than if the item is displayed on its own, according to a recent research paper [...]
-
Entrepreneurs, their associated startups and the subsequent growth of their companies have a vital impact on the health of our economy. In Canada, young adults have demonstrated a growing interest in entrepreneurship. Entrepreneurship has historically been narrowly [...]
-
Economics is broadly divided into macroeconomics and microeconomics. The big picture, macroeconomics, concentrates on the behavior of a national or a regional economy as a whole: the totals of goods and services, unemployment and prices. Then there’s a more [...]
