As the political situation in the United States goes from bad to worse and the Paris climate accord hangs in the balance, there is a ray of hope from some of the world’s most important cities including Madrid, Paris and Mexico D.F.
In my view, the deal between GM and PSA is a great example of how geo-political issues and the need for companies to become more environmentally sustainable is having a real impact on the business landscape.
Civil society is in the process of changing its mind about the relative merits of diesel versus gasoline cars and the winner in the current debate is likely to be Nissan, Tesla and other companies launching battery electric vehicles in the coming years
Although 79 countries have ratified the Paris agreement fiscal incentives are needed to accelerate the implementation of CCS and other low carbon technologies.
Electric cars are the main protagonists at this year’s auto show in Paris. Volkswagen, Mercedes, Renault, PSA, Opel and Porche are also showing new concepts, production cars or both and all appear to be pursuing electric vehicles indicating that the technology may be going mainstream.