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This time last year we talked about the energy industry being on the cusp of change.
Our general feeling was that the tipping point for new energy had come – and we think events in 2019, such as the rise of climate change protests (for example, Extinction Rebellion) and increasing adoption of Net Zero targets, have shown this to be true.
A recent study from Imperial College London, in partnership with UK energy company Drax Group, investigated the green credentials of different types of vehicles, to put to bed the question “are EVs genuinely better for the environment?”
It concluded that, yes, going electric is definitely a win for reducing emissions. However, the premium electric models coming to market today have a considerably greater carbon footprint than the electric models of the past. I want to explore this market development further; could it be that customer desire for range will actually drive up carbon emissions?
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