TPI's latest research on the transport sector was launched at RI New York today (December 4)
This week’s COP talks in Madrid fire the starting gun on a critical year for climate change and much of investor attention has been focused on high-emitting suppliers from energy to extractives. Yet it is the demand side, including the cars, ships and planes that make up the transport sector, that may play the most crucial role in determining whether we meet the Paris Agreement.
The transport sector is responsible for almost a quarter of the world’s energy-related carbon emissions and if the demand side can rev up its ambitions then oil and gas companies and others will ultimately be responsive to these changes. But, according to new research launched at RI New York today, the sector is well off the pace required – despite signs as shown by the auto sector that there is potential to move quickly.
That is why today’s research from the Transition P…