The social cost of carbon (SCC) is a commonly employed metric of the expected economic damages from carbon dioxide (CO2) emissions. Although useful in an optimal policy context, a world-level approach obscures the heterogeneous geography of climate damage and vast differences in country-level contributions to the global SCC, as well as climate and socio-economic uncertainties, which are larger at the regional level.
Heavy-duty vehicles (HDVs) are currently responsible for about one-fourth of fuel consumption and greenhouse gas emissions from the transport sector in the European Union. Within the HDV sector in the EU, tractor-trailers represent the largest share of CO2, accounting for roughly 70% of emissions.
On May 30, 2018, Canada published final standards to reduce greenhouse gas (GHG) emissions from new on-road heavy-duty vehicles. The new regulation is part of Canada’s economy-wide commitment to reduce GHG emissions 30% by 2030 compared to a 2005 baseline.
Key World Energy Statistics (KWES) is the IEA's introduction to energy data and statistics, including energy indicators, energy balances, prices, RDD budgets, CO2 emissions and forecasts. Energy statistics are the foundation of energy policies.
Limiting global warming to 1.5°C above pre-industrial is feasible, and it is our best hope of achieving environmental and social justice, of containing the impacts of a global crisis that was born out of historical injustice and highly unequal responsibility.