Deploying electric vehicles instead of gasoline-powered models for services like Uber and Lyft provides outsized climate benefits compared to emissions cuts from electric vehicles for only personal use, per a peer-reviewed study in Nature Energy.
Why it matters: The analysis, based on California data, follows explosive growth in ride-hailing in recent years — and evidence that it's cannibalizing more climate-friendly mass transit.
More analysts are making the case that COVID-19 could be an inflection point for oil use and carbon emissions, but it's hardly one that puts the world on a sustainable ecological path.
Driving the news: The risk advisory firm DNV GL, citing the pandemic's long-term effects on energy consumption, projects in a new analysis that global CO2 emissions "most likely" peaked in 2019.
Most technologies necessary to aggressively tackle climate change are not yet ready on a mass scale, and the coronavirus is likely to delay development.
Driving the news: That finding is from a report from the International Energy Agency released Thursday, ahead of a meeting of top government officials next week to discuss clean-energy innovation and how to incorporate it into economic recovery plans.
