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Transport

[New] Over the coming decades, at least $2 trillion each year will be invested around the world in the transition to low carbon power, transport, heat and localised, digitally connected energy systems.
[New] To reduce overall emissions from transportation, India committed to increase the amount of freight moved by Indian Railways from about 35% in 2015 to 45% by 2030.
[New] Plan, the Renewable Energy Strategy which maps out how the UK will deliver its target of getting 15% of all energy (electricity, heat and transport) from renewables by 2020.
[New] Achieving carbon neutrality by 2045 requires ambitious near-term actions around deployment of energy efficiency, transportation and building electrification, zero-carbon electricity, and reductions in non - energy, non-combustion greenhouse gas emissions.
Germany will spend €2.9 billion on improving public transport, a further €1.4 billion will go to fund electric buses and associated charging infrastructure, and a further €5.7 billion will be invested in the electrification, modernisation and expansion of the national rail network.
Electric vehicles, combined with renewable or other low carbon electricity, will offer low cost, low carbon transport for more and more people in the coming years.
Over the coming decade we will need bold and ambitious spatial plans to reshape the built environment, helping to reduce the need to travel, and maximising the use of walking, cycling, public transport and shared mobility.
Lisbon is reshaping its mobility landscape with new park and ride projects, bus corridors, and the use of electric vehicles for public transport (with 420 new buses and 25 new trams by 2023).
The ICT sector is expected to continue to grow in the coming years but will face labour shortages; skills shortages also exist in the health sector, in skilled trades, engineering, transport and distribution..
The number of vehicles on Indian roads is set to grow to more than 550 million by 2030 - and how India traverses the road ahead will determine whether it will stumble or leapfrog into the future of transport.
After inflecting in 2000 with the urbanization of China and other emerging economies, electricity demand is expected to accelerate in the coming years as the manufacturing, buildings and transport sectors rely more heavily on electricity as opposed to fossil fuels as an energy source.
Pursuing an Improved Utility Customer Experience Dominion launches electric school bus initiative, aims for 100% electric fleet in Virginia territory by 2030 Transportation is the number one source of carbon emissions in the US.
Department for Transport is developing the UK's Transport Decarbonisation Plan in order to achieve carbon budgets and net zero emissions across every single mode of transport by 2050.
Social distancing and quarantine measures will continue to impact passenger traffic, potentially causing output for the air transport sector to nearly halve in 2020, with a recovery only starting very gradually once a vaccine or effective treatments are available.
The European Commission has made rail the backbone of its transport aims for net zero carbon neutrality by 2050, as evidenced by its decision to designate 2021 as the EU's 'Year of Rail'.
According to International Air Transport Association the second half's recovery in traffic has been slower than expected as global passenger traffic will not return to pre-crisis levels until 2024, a year later than previously projected.
Renewables could play a greater role in cutting carbon emissions from heavy industry and transport to reach virtually zero emissions by 2050, particularly by investing in green hydrogen.
Road traffic forecasts from the Department of Transport show traffic volumes are expected to increase in England and Wales each year until 2050, potentially by up to 51% in total.
Incorporating future mobility thinking into strategic investment planning is vital for sub-national transport bodies as the nature and methods of travel will change greatly over the coming years.
Beyond 2030, given technological developments, particularly in the transportation sector, Total anticipates oil demand will have reached its peak and Brent prices should tend toward the long-term price of 50 $ / b, in line with the IEA SDS scenario.
Hydrogen can account for 24% of global final energy demand and 5.4 million jobs by 2050, playing a sectoral integration role to support the decarboni s ation in industry, transport, power generation and buildings.

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Last updated: 18 September 2020