The transportation sector is responsible for more than half of global oil demand, with passenger vehicles and trucks making up by far the largest fraction.
There is a strong and growing consensus that a simultaneously growing and decarbonizing electricity sector is necessary to meet declining greenhouse gas emissions targets.
A new pressure point has been added to Europe’s existing climate mitigation imperative to decarbonize: an energy security driver to ensure that those cuts start with fossil fuel imports from Russia.
This commentary represents the research and views of the author. It does not necessarily represent...