Decarbonising the transport sector requires a systematic approach of electrifying what can be electrified and scaling up biofuels and hydrogen for what remains.
Transport has an emission challenge. The sector’s share of global emissions is set to grow from one-quarter today to one-third by mid-century as transport services grow. There is no doubt that electricity is revolutionizing road transport. DNV’s forecast is that half of all passenger vehicle sales will be electric in ten years, that is 2033, and electricity is even gaining share in subsectors previously thought to be hard-to-electrify such as heavy trucking.
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