Global fuel economy improvements could save US$2tr

Fuel economy improvements could save US$2tr through to 2050 and can help fund a long-term transition to plug-in vehicles (PEVs), according to Dr Lewis Fulton, PhD, Co-Director, NextSTEPS Programme, Institute of Transportation Studies, University of California Davis.

Large reductions in vehicle fuel use and CO2 emissions are needed globally in order to address pressing issues of climate change, energy security and sustainable mobility.