Auto industry risks missing climate goal by 75% -industry-backed study

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Auto industry risks missing climate goal by 75% -industry-backed study
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The automotive industry is likely to miss climate goals by 75%, according to a study backed by electric vehicle makers Polestar and Rivian that was released on Wednesday.

Feb 8 - The automotive industry is likely to miss climate goals by 75%, according to a study backed by electric vehicle makers Polestar and RivianThe study, the Pathway report, said the industry would dramatically overshoot the Intergovernmental Panel on Climate Change's target to try to limit the average global temperature increase to"Electrification alone is not the solution – even if every car sold in the world tomorrow would be electric, we're still on track to overshoot,"...

The report suggests three "levers" to have a chance at achieving the target by 2050: including a firm end date for selling fossil-fuel cars and investing more in manufacturing capabilities of electric cars; creating more green charging options by investing in renewable energy supplies to global grids; and focusing on more sustainable supply chains.

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