- By Henry Faulkner Brittany
- June 27, 2022
The European Union has disclosed plans to phase out petrol and diesel cars sale. By 2035, the EU aims to discontinue the sale of all polluting vehicles which would result in an escalation of the endangered species list including Hybrid cars and rapid shifting of usher into full electric models.
On Wednesday, the EU asks the auto industry to slash the activity of putting new cars into circulation by 55% by 2030. By 2035, further advances to phase out petrol and diesel cars will be increased to 100% that means after that year onward all new cars must be zero-emission vehicles. Such kind of commitment has already been made by the United Kingdom.
The December 2018 goal was only set for cutting emissions from new cars by 37.5% but the new 2030 goal would be a game-changer from that earlier goal.
The proposed innovations in rules are a part of ambitious plans strived to propel the EU towards its goal of cutting greenhouse gas emissions by at least 55% by 2030 against 1990 levels. EU aims to make Europe the first continent that will be climate neutral in 2050.
“The fossil fuel economy has reached its limits. We want to leave the next generation a healthy planet as well as good jobs and growth that does not hurt our nature,” European Commission President Ursula von der Leyen said in a statement.
The commission said, 27 EU members states are required to expand vehicle charging capacity in order to facilitate the shift to electric cars. Besides, they will ensure the installation of charging points every 60 kilometers (37.3 miles) on major highways and will be hiking the minimum tax rate for gasoline and diesel fuel.
William Todts the executive director of lobby group Transport & Environment said, “This is a turning point for the auto industry and good news for drivers.” “The new EU rules will democratize electric cars and give a major boost to charging.”
The primary element of the European economy is the auto industry constitutes 7% of gross domestic product and support 14.6 million jobs but worst of all is that the transport sector is known for the cause of rising greenhouse gas emission and emissions of 21% CO2 in 2017 are on account of road vehicles.
In recent months, many carmakers have encouraged this ambitious plan in order to increase the production of electric vehicles. Investors rewarded the carmaker companies by raising their share prices, accounting for making the climate neutral.