The purpose of this target is to enable the U.S to remain competitive with China in the growing electric vehicle (EV) market and meet its international climate commitments. Setting ambitious EV sales targets and transitioning to zero-carbon power sources in the United States and other nations could lead to significant reductions in carbon dioxide and other greenhouse gas emissions in the transportation sector and move the world closer to achieving the Paris Agreement’s long-term goal of keeping global warming well below 2 degrees Celsius relative to preindustrial levels.
At this time, electrification of the transportation sector is occurring primarily in private light-duty vehicles (LDVs). In 2020, the global EV fleet exceeded 10 million, but that’s a tiny fraction of the cars and light trucks on the road. How much of the LDV fleet will need to go electric to keep the Paris climate goal in play?
To help answer that question, researchers at the MIT Joint Program on the Science and Policy of Global Change and MIT Energy Initiative have assessed the potential impacts of global efforts to reduce carbon dioxide emissions on the evolution of LDV fleets over the next three decades.
Using an enhanced version of the multi-region, multi-sector MIT Economic Projection and Policy Analysis (EPPA) model that includes a representation of the household transportation sector, they projected changes for the 2020-50 period in LDV fleet composition, carbon dioxide emissions, and related impacts for 18 different regions. Projections were generated under four increasingly ambitious climate mitigation scenarios: a “Reference” scenario based on current market trends and fuel efficiency policies, a “Paris Forever” scenario in which current Paris Agreement commitments (Nationally Determined Contributions, or NDCs) are maintained but not strengthened after 2030, a “Paris to 2 C” scenario in which decarbonization actions are enhanced to be consistent with capping global warming at 2 C, and an “Accelerated Actions” scenario the caps global warming at 1.5 C through much more aggressive emissions targets than the current NDCs.
