2 Comments
User's avatar
Charlie Morris's avatar

Very good Kit. The VW did of course lose efficiency from natural resource to electric charge. Like for like important.

Kit Winder, CFA's avatar

Thanks Charlie and you're quite right, and that was accounted for in the original analysis, so it is indeed like for like - https://about.bnef.com/insights/clean-energy/liebreich-net-zero-will-be-harder-than-you-think-and-easier-part-ii-easier/