Fuelling Italy’s Future

Fuelling Italy’s Future: How the transition to low-carbon mobility strengthens the economy shows that the transition to low-carbon mobility in Italy can improve the domestic economy, reduce spending on imported fuel, increase national energy security, reduce the exposure of consumers to oil price volatility, strengthen the macroeconomic resilience of the country and considerably improve the health of citizens.

The transition to zero emission cars in a moderate penetration scenario can bring more than 19.000 net additional job in 2030, while GDP can be increased by € 2.963 billion. Central will be the reduction in oil import and its replacement with domestically produced renewable energy.

The report compiled by Cambridge Econometrics, Element Energy and CERTeT research centre at Bocconi University for the European Climate Foundation provide an overviews of major social, economic and environmental impacts of the transition towards zero emission vehicles in Italy.