EU to phase out sales of gas-powered cars by 2035.

1 min read
Source: Fox Business
EU to phase out sales of gas-powered cars by 2035.
Photo: Fox Business
TL;DR

The European Union has approved a new law that bans the sale of CO2-emitting vehicles by 2035, with the exception of vehicles that run on "climate-neutral e-fuels". Germany pushed for the exemption for combustion engines, arguing that e-fuels are not widely available and are expensive and energy-intensive. The law will also require that by 2030 only new vehicles with 55% lower CO2 emissions will be sold. Roughly 25% of the EU’s carbon emissions come from transportation, which the bloc hopes to drastically cut in the next decade.

Share this article

Want the full story? Read the original reporting

Read on Fox Business