Net Zero Industry Tracker 2024 Trucking

TRUCKING Key performance data 2023223,224,225,226 5%1.9 Gt CO2e6%58 gCO2/tkm Contribution to global CO2e emissionsScope 1 and 2 emissions Emissions increase (2019-2023)Emissions intensity 14%2 times <1%~$9 trillion Decrease in emission intensity (2019-2023) Demand increase in NZE scenario by 2050, compared to 2023Current low-emission infrastructureAdditional investment required for net zero by 2050 Performance summary –The direct emissions227 were 1.89 Gt CO2e228 in 2023, a 6% reduction from 1.78 Gt CO2e229 in 2019. –The industry has decreased emission intensity by 14%230 in the last five years, driven by improvements in fuel efficiency. –Activity is at all-time high, at 32.8 trillion ton-km231 in 2023 as sector recovers from the COVID-19 pandemic, compared to 26.6 trillion ton-km in 2019. –Low-emission fuel consumption contributed 4%232 to the total fuel share of the heavy-duty trucking sector. –Energy intensity was reduced by 15% from 1.24 MJ/ton-km in 2019 to 1.05 MJ/ton-km in 2022.233 Future emissions trajectory –The industry is forecast to reduce emissions intensity by 28% by 2030 and 94% by 2050, compared to 2023 levels, according to the IEA.234 The direct CO2e emissions are expected to be 1.4 Gt in 2030 and 0.22 Gt in 2050.235 –According to MPP , 7 million236 zero-emission trucks will be required by 2030 to align with net-zero emissions by 2050. Net-Zero Industry Tracker: 2024 Edition 2