Europe wants to accelerate the transition to clean energy as a means of removing its dependence on russian gas. But is europe really going to be able to meet its goal of accelerating its transition away from fossil fuels? And what happens when winter sets in and russia cuts off supply? We'll be right back with russia's weaponization of oil and gas during its invasion of ukraie.
In the tech world, there’s a common belief that once a new device hits 5% market penetration, it rapidly goes from a niche to mass adoption. According to Bloomberg, the US has just passed that critical 5% tipping point for new EV purchases. Norway, an oil-rich country, was first to hit that 5% mark in 2013 and today boasts a stunning 86% of new cars being fully electric. Now California is driving the US along a similar road away from gasoline and diesel by passing a new law that will only allow emission free vehicles to be sold by 2035. Even with that California law, how confident can we be that all new American cars will be running clean? What does the 5% tipping point mean for other clean tech adoption?
Guests:
Albert Cheung, Head of Global Analysis, BloombergNEF
For show notes and related links, visit ClimateOne.org
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