William Ryan

Sep 25, 2024 | lexology.com | Matt Baumgurtel |William Ryan |Michael Liu |Michael Kallidis

Transportation is the second largest source of global CO2 emissions (after energy generation), and in 2022 produced almost 8 gigatonnes of CO2.1 Transport sector emissions are predominantly attributable to road transport vehicles, which produced 5.87 gigatonnes of CO2 in 2022.2Accordingly, investment in green road transport vehicles – particularly light passenger vehicles – represents an important step in the global transition to net-zero emissions.