COP27 – Carbon Footprint Reduction Strategies Scrutinized

Stellantis Carbon Net Zero by 2038 – courtesy of and copyright Stellantis

Ken Zino of AutoInformed.com on COP27 - Carbon Footprint Reduction Strategies Scrutinized

Fasten your seat belt this is going to be a bumpy ride to save planet earth and the invasive species known as mankind. It will require collective action from all the participants and special interests. Click for more info.

“Developing and deploying climate technologies is critical for the world’s net-zero agenda. Growth could await businesses willing to innovate quickly and to collaborate across value chains,” says McKinsey & Company. The lates McKinsey analysis indicates that, “in a scenario where the world reaches net zero by 2050, capital spending on equipment and infrastructure with relatively low emissions intensity would average $6.5 trillion a year – more than two-thirds of the $9.2 trillion in annual capital spending during that time. Our view is that almost all of those low-emissions assets would include climate technologies.”

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