. Signed by 196 countries in 2015, the Paris Agreement aims to keep the world’s temperature from increasing more than 1.5 degrees Celsius above pre-industrial levels.
The team-up between two technically competing carmakers is outside the norm, but as Ellen Broomé, a spokesperson for Polestar, explained to on Thursday, the report’s “shocking and sobering” data confirmed their suspicions that “everything was moving too slow.”“We have both been frustrated by the lack of an honest, data- and science-led pathway for the car industry to remain in line with [Paris Agreement’s] 1.5-degree limit,” they added.
As the new report explains, despite the rising interest in EVs alongside automakers’ commitments to retiring internal combustion engines, companies’ primary focus on eliminating greenhouse gas tailpipe emissions is simply not enough. Instead, Kearney’s conclusions urge businesses to rapidly increase investments in renewable energy power grids, as well as reducing emissions generated across their entire supply chains.