Author: Mike Scott
The automotive sector is responsible for around a fifth of all CO2 emissions globally. At current rates of growth, it is on track to being solely responsible for more than 0.8C of global warming by the end of the century. Cars are also responsible for 90% of air pollution in cities and contain an average of 1.4 tonnes of material, according to EIT Climate-KIC.
At the same time, the sector is a heavy consumer of other natural resources, using 80% of all the world’s rubber, a quarter of all aluminium produced and about 15% of the global steel market.Image: Channels: Business StrategyTags: WEFCircular Cars InitiativeRenaultJaguarLand RoverWBCSDEllen Macarthur FoundationKarshareUberLyftWagonex3D printingAluminium recyclingEIT Climate-KICSystemiq
This story was originally published by Ethical Corporation and can be accessed here.