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Opinion

The Globalization of the EV Revolution

The market for electric vehicles is developing far more dynamically than could have been expected years ago. Countries that fail to recognize the trend now and convert their economies will face high subsequent costs in the future, believe former International Monetary Fund Vice President Min Zhu and economists Fuad Hasanov and Reda Cherif . The trio of state-affiliated economists believe: market forces in emerging markets will drivethe electric revolution much faster than the stolid players in established industrialized countries have so far expected.

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Feature

Green Wall: climate reservoir made of Saxaul trees

In China, an area of about 36,000 square kilometers is to be afforested annually until 2025. One goal of this project is to counteract climate change by creating larger CO2 reservoirs. Although the plan fits in with Beijing's target of a climate-neutral economy by 2060, its origins date much further back.

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Analyse

Grüne Mauer: Klimaspeicher aus Saxaul-Bäumen

In China soll bis 2025 jedes Jahr eine Fläche so groß wie Baden-Württemberg aufgeforstet werden. Das soll unter anderem dem Klimawandel größere CO2-Speicher entgegensetzen. Der Plan passt zwar zu Pekings Ziel, bis 2060 klimaneutral wirtschaften zu wollen, doch sein Ursprung geht viel weiter zurück.

Von Redaktion Table