Global Banks Pony Up $175 Billion to Scale Up Support for Cleaner Transportation

This was timely considering our recent discussion with Electric Cab of Austin. A smaller scale yes, but the core challenge is the same.

“Global CO2 emissions from the transport sector are projected to increase nearly 50% by 2030 – with profound environmental, economic and social consequences – unless dramatic changes are adopted.”

via $175 Billion to Scale Up Support for Transport Announced at Rio+20 | Asian Development Bank.