A report published by BloombergNEF for the COP26 climate change summit has listed global commitments by cities, states, provinces and nations to end the sale of new fossil-fueled vehicles but, with 2035 estimated as the cut-off date for zero-emission roads by mid century, policymakers need to be more ambitious.
Pioneering solar projects which signed ten-year feed-in tariff agreements will soon need to operate free of subsidy and with local authorities like the City of London starting to embrace direct contracts with renewables generators, the PPA market could be set for another turbo charge.
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