New report shows car makers climate strategies too slow for a 1.5°C-aligned transition
Thu 19 May 2022
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An independent report based on International Energy Agency (IEA) and IHS Markit data finds that the climate strategies of the world's largest carmakers are behind what is required to meet a 1.5°C-aligned transition.
The report from international think-tank InfluenceMap, finds that only two manufacturers (Mercedes-Benz and Tesla) are on track to meet the IEA's 1.5°C trendline for zero emission vehicle production globally (57.5% of all global sales by 2030) based on recent forecasts.
This report and its findings are the independent analysis of InfluenceMap using data from the International Energy Agency (IEA), IHS Markit (S&P Global Mobility), and InfluenceMap’s LobbyMap database.
Carmakers around the world have been competing to announce the most radical plans for the decarbonisation of their vehicle sales. However, InfluenceMap finds that eight out of twelve companies analyzed receive a final grade of D or D+ in their analysis of their climate policy engagement alignment with the Paris Agreement. The report's introduction says: "The sector’s climate policy engagement is characterized by high-level supportive statements for climate action, contrasted with strategic opposition to regulations to phase out internal combustion engines."
The shift to zero emission vehicles is a vital element of the world’s transition away from polluting fossil fuels as road transport represents around a quarter of total emissions in many countries. The International Energy Agency has calculated that 57.5% of global car sales must be of zero emission vehicles by 2030 (equivalent to 52% by 2029) if heating is to be limited to 1.5°C.
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