24 July 2015
The ‘Aligning Policies for a Low Carbon Economy’ report was recently produced by the OECD in conjunction with the International Energy Agency, its own Nuclear Energy Agency and the Industry Technology Facilitator, which represents oil and gas operating and service companies.
The report stresses the “very high local and global environmental price tag” created by the reliance on fossil fuel-based transport systems. According to the report, the transport sector produces roughly 23% of global CO2 emissions and is the fastest-growing source globally. Without further policy action, CO2 emissions from transport could double by 2050.
Two of the Avoid-Shift-Improve measures the report suggests are to promote use of low-emission transport and to improve the carbon and energy efficiency of fuels and vehicles. This is particularly urgent for the many cities in OECD countries that have effectively been designed around unlimited use of private transport. But it is also important for cities in developing and emerging economies so that urban expansion can be planned against a background of affordable, accessible and sustainable transport systems.
Gazasia CEO Richard Lilleystone comments, “We recognise the urgent need for sustainable transport to reduce global CO2 emissions and create a cleaner, safer environment. It is an integral part of the projects we are currently planning in Asia, where we are looking to use material currently discarded as waste to provide low carbon fuel for use in commercial fleets as well as private vehicles.”