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Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

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MagazineElectric vehicles

The dark side of electric vehicles: Here are the countries where driving an EV can be dirtiest

By
Nicolas Rapp
Nicolas Rapp
and
Matthew Heimer
Matthew Heimer
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By
Nicolas Rapp
Nicolas Rapp
and
Matthew Heimer
Matthew Heimer
Down Arrow Button Icon
October 9, 2023, 12:25 PM ET
Map shows global electricity production by source since 1990

Yes, your Tesla Model Y or BYD Song can zip down the road without emitting a single gram of carbon dioxide. But you’re probably still adding CO₂ to the atmosphere—because the “E” in your EV may well have come from fossil fuels. Worldwide, roughly 61% of electricity is generated by burning coal, natural gas, or oil. The graphic below offers a sense of how much each country relies on such fuels for power: The darker the box, the dirtier the grid. China exemplifies this dilemma. Its consumers buy more EVs than the rest of the world combined, but its coal-heavy energy infrastructure means that emissions at the power plant offset a lot of the savings at the tailpipe. As Kristen Siemen, General Motors chief sustainability officer, tells Fortune: “The only way to get to zero-emission driving is to decarbonize the grid.”

This article appears in the October/November 2023 issue of Fortune with the headline, "The dark side of an electric ride."

About the Authors
Nicolas Rapp
By Nicolas RappInformation Graphics Director
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Nicolas Rapp is the former information graphics director at Fortune.

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Matthew Heimer
By Matthew HeimerExecutive Editor, Features
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Matt Heimer oversees Fortune's longform storytelling in digital and print and is the editorial coordinator of Fortune magazine. He is also a co-chair of the Fortune Global Forum and the lead editor of Fortune's annual Change the World list.

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