DNV: Electricity gains traction in transport sector

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Transport has a severe emission challenge, its share of overall emissions grows from 25% today to 30% by 2050 as large part of the transport system will remain fossil fuel dependent / Transport of passengers and goods currently accounts for about a quarter of global energy-related CO2 emissions and will grow to 30% by 2050 / Maritime sector energy mix will comprise 50% low- and zero carbon fuels in 2050 / Oil has staying power in aviation and maritime. Strong policies are needed to ensure necessary decarbonization to hydrogen and sustainable biofuel.

Electricity is continuing to gain traction in previously thought to be hard-to-electrify sectors including heavy trucking and aviation. Electricity’s share in transport will grow from 1% today to 23% in 2050, according... ... More: Official Press Release DNV

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