Is ride-hailing good for the green house gas emissions?
“The answer from several recent studies is straightforward: after accounting for people who would have taken public transport, biked or walked instead, and those who would not have traveled at all, there’s a substantial net increase in estimated vehicle miles traveled and emissions from ride-sharing, possibly as large as 60%-80% compared to a world with no ride-sharing at all”
Charts tell this story – (clockwise) a surge in ride-hailing in the US including NYC coupled with increased emissions per trip and miles travelled compared to the category they replace.
Sourced from this great note on Energy market outlook.
Interesting piece from FTAlphaville on the carbon impact of electric vehicles.
First a staggering chart from VW – because battery production is so energy intensive it takes their new e-Golf 120,000 km of driving to breakeven in terms of carbon emissions vs. a diesel Golf.
This does depend on where the electricity used to charge comes from (VW address this) and ignores other gas emissions.
Some analysts suggest that because battery technology is yet to improve the best impact on CO2 emissions is to drive a hybrid.
Schlumberger’s Chairman, who sees everything in the oil patch, is predicting more deals in the US shale space as growth slows.
“What is likely to happen over the next 5 to 10 years is that some of the smaller companies will get consolidated… get gobbled up by the majors,” Papa said.
