There is a lot of talk about how necessary it is to adapt the automotive industry to achieve sustainability goals that the European Union has put in place. Although there are times when it seems that it is the only sector that should make important changes, and nothing could be further from the truth. This aspect is also influenced by air and maritime transport, which are far from carbon neutrality by 2050. Now an independent study reveals that to reach what was agreed it would be necessary invest 39,000 million a year until 2030.
This is a calculation made by Transport & Environment (T&E), which has taken into account public and private investment needs. They point out that it would be convenient for countries reduce some expenses in traditional infrastructuresuch as the expansion of roads and airports, to focus on electrical networks and charging points. If we go into clarifying the amount they give, they focus on what would be necessary by the public sector. Although most of the investments would be made from the private sector, those 39,000 million euros would be necessary.
It may seem like a large amount, but the truth is that It is somewhat inferior to what isallocating to combustion vehicles today. In the private sector, there is talk that investments worth 271 billion a year could be attracted. They have also given information on what they believe would be necessary between now and 2040, which requires greater progress and the goals are reached. 507 billion a year. These are amounts of money that escape most minds and that is focused solely on Europe, although things are already being done.
It is necessary for the European Fund ofBatterieswith an allocation of 25,000 million per year (plus another 42,000 that would come from the private sector), to be able to activate economies of scale in the local production of batteries. It is the only way to fight against China’s powerful industry, which is much more advanced. Also to more easily access raw materials. It is also requested to allocate some 36,000 million euros per year to improving charging networksan amount that could come out of the 61,000 million allocated to roads.
Not everything is about automobiles and there is talk of promoting decarbonization of planes and ships through measures such as synthetic fuels. There are problems in that section, since the private sector does not want to take risks and the public cannot contribute the necessary 86 billion.
