Europe Lays Out Ambitious Plan to Cut Emissions by 2050
The European Commission on Thursday revealed its Sustainable and Smart Mobile Strategy, an ambitious plan to cut transport-related emissions by 90% by 2050. The plan, if enacted, is sure to disrupt transportation companies in the years to come. It could also create opportunities.
The commission, the executive arm of the European Union, wants to see at least 30 million zero-emission cars in operation on European roads by 2030 and a zero-emission large aircraft ready for market by 2035. If all goes to script, the goal is for nearly all cars, vans, buses, and new heavy-duty vehicles to be zero emission by 2050, with freight-rail traffic doubling to take some of the burden off roads.
Airbus' blended wing hydrogen concept. Image source: Airbus.
Source Fool.com
