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Mastering the dual mission: Carbon and cost Savings

Lucy Plant's picture
Business Development Manager Enel X

Lucy is a innovation professional pushing to breakaway from the status quo using data as a differentiator for more informed decision making. Originally a geologist with over 18 years experience...

  • Member since 2022
  • 7 items added with 2,436 views
  • Jul 11, 2022
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For car manufacturers electrification of vehicles alone will not lead to net zero. Battery vehicles can have up to twice the amount of production related emissions vs standard fossil fuel vehicles due to the carbon intensity of the batteries and high number of electronic components. This article by McKinsey looks in to how the automotive manufacturing industry can cut carbon emissions further by using low carbon sources. Whilst it is possible to reduce cost and CO2 at the same time the time for companies to act is now as the market is small and as more countries introduce carbon emissions reports the competition for low carbon materials is increasing.

 

 

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Matt Chester's picture
Matt Chester on Jul 11, 2022

Definitely important to remember that even with EVs there's no such thing as a carbon-free lunch, but setting up these systems today will allow for much decarbonization moving forward. And, of course, don't forget about the alternatives to cars in the first place: utilizing public transit, biking, and walking in situations that permit it!

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