Electric vehicles

New warning about SUVs' climate toll

Reproduced from IEA; Note: Other passenger cars refers to internal combustion passenger cars excluding SUVs; Chart: Axios Visuals

A new International Energy Agency analysis looks at carbon emissions from the global growth in SUV sales and calls it "nothing short of surprising."

Why it matters: Wringing carbon out of transportation is vital to fighting climate change and that's going to be harder if SUV sales keep growing fast.

The risky business of electric vehicles

Reproduced from IEA; Note: Government incentives includes direct spending and tax expenditures; Chart: Axios Visuals

A new International Energy Agency analysis finds that governments account for nearly one-fifth of global spending on electric vehicle purchases.

Why it matters: "The ability of governments to stabilize and then reduce their share of total EV spending will be a key test of the sustainability of the EV market in coming years," 2 analysts write in the Oct. 10 commentary.