Saturday, May 10, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

EU reaches deal to ban sale of new combustion-engine cars by 2035 | Business and Economy News

by Euro Times
October 28, 2022
in World
Reading Time: 2 mins read
A A
0
Home World
Share on FacebookShare on Twitter


European Parliament and EU member countries have reached a deal to ban the sale of new petrol and diesel cars and vans by 2035.

The European Parliament and EU member countries have reached a deal to ban the sale of new petrol and diesel cars and vans by 2035.

European Union negotiators sealed on Thursday night the first agreement of the bloc’s “Fit for 55” package set up by the Commission to achieve the EU’s climate goals of cutting emissions of the gases that cause global warming by 55 percent over this decade.

The European Parliament said the deal is a “clear signal ahead of the UN COP27 Climate Change Conference that the EU is serious about adopting concrete laws to reach the more ambitious targets set out in the EU Climate Law”.

According to the bloc’s data, transport is the only sector where greenhouse gas emissions have increased in the past 30 years, rising 33.5 percent between 1990 and 2019.

Passenger cars are a significant polluter, accounting for 61 percent of total CO2 emissions from EU road transport.

The EU wants to drastically reduce gas emissions from transport by 2050 and promote electric cars, but a report from the bloc’s external auditor showed last year that the region is lacking the appropriate charging stations.

“This is a historic decision as it sets for the first time a clear decarbonisation pathway – with targets in 2025, 2030 and 2035 and aligned with our goal of climate neutrality by 2050,” said Pascal Canfin, the chair of the environment committee of the European Parliament.

“This sector, which accounts for 16 percent of European emissions at the moment, will be carbon neutral by 2050,” Canfin added.

World leaders agreed in Paris in 2015 to work to keep global temperatures from increasing more than 2C (3.6F), and ideally no more than 1.5C (2.7F) by the end of the century.

Scientists even the less ambitious goal will be missed by a wide margin unless drastic steps are taken to reduce emissions.

Too late

Greenpeace said the 2035 deadline is too late to limit global warming to below 1.5C (2.7F).

“The EU is taking the scenic route, and that route ends in disaster,” said Greenpeace EU transport campaigner Lorelei Limousin.

“A European 2035 phase-out of fossil fuel-burning cars is not quick enough: New cars with internal combustion engines should be banned by 2028 at the latest,” she said.

“The announcement is a perfect example of where politicians can bask in a feel-good headline that masks the reality of their repeated failures to act on climate,” Limousin added.

The European Parliament and member states will now have to formally approve the agreement before it comes into force.



Source link

Tags: BanBusinesscarscombustionenginedealEconomyNewsreachessale
Previous Post

Will A Bankruptcy Of Bitcoin Miner CORZ Impact The Price?

Next Post

‘Prebunking’ teaches people how to spot disinformation : NPR

Related Posts

James Foley, director of Glengarry Glen Ross, dead at 71

James Foley, director of Glengarry Glen Ross, dead at 71

by Euro Times
May 10, 2025
0

James Foley, a journeyman director finest identified for Glengarry Glen Ross, has died. He was 71.   He died earlier this week...

Fico’s Defiant Trip to Moscow Shows Slovakia is Ready to Show EU the Truth About WWII

Fico’s Defiant Trip to Moscow Shows Slovakia is Ready to Show EU the Truth About WWII

by Author
May 9, 2025
0

https://sputnikglobe.com/20250509/ficos-defiant-trip-to-moscow-shows-slovakia-is-ready-to-show-eu-the-truth-about-wwii-1122020519.htmlFico’s Defiant Journey to Moscow Exhibits Slovakia is Able to Present EU the Reality About WWIIFico’s Defiant Journey to Moscow...

Israel vows forceful response after Yemen missile intercepted | World News

Israel vows forceful response after Yemen missile intercepted | World News

by Euro Times
May 9, 2025
0

JERUSALEM: Israel's defence minister vowed a forceful response after a missile fired from Yemen was intercepted on Friday, in an...

Immortal Regiment honors Soviet WWII veterans under tight police watch in Berlin (VIDEOS) — RT World News

Immortal Regiment honors Soviet WWII veterans under tight police watch in Berlin (VIDEOS) — RT World News

by RT
May 9, 2025
0

Soviet flags and symbols had been banned at memorials marking Nazi Germany’s defeat A whole lot of individuals took to...

Far-right German lawmaker Krah investigated over China bribery claims

Far-right German lawmaker Krah investigated over China bribery claims

by DPA
May 9, 2025
0

German prosecutors on Friday opened an investigation into far-right lawmaker Maximilian Krah in reference to bribery by China and cash...

EU Ocean Leadership on the Line — Global Issues

EU Ocean Leadership on the Line — Global Issues

by Global Issues
May 9, 2025
0

Credit score: Josh SorensonOpinion by Pascal Lamy, Genevieve Pons (paris / brussels)Friday, Could 09, 2025Inter Press ServicePARIS / BRUSSELS, Could 09...

Next Post
‘Prebunking’ teaches people how to spot disinformation : NPR

'Prebunking' teaches people how to spot disinformation : NPR

Singapore Police Received 631 Cryptocurrency Scam Reports in 2021, Government Says – Regulation Bitcoin News

Singapore Police Received 631 Cryptocurrency Scam Reports in 2021, Government Says – Regulation Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Gold tops stocks as second-favorite long-term investment, real estate still no. 1 – Gallup poll

Gold tops stocks as second-favorite long-term investment, real estate still no. 1 – Gallup poll

May 10, 2025
Ting Sensor with Fire Prevention Service review: Forewarned is forearmed

Ting Sensor with Fire Prevention Service review: Forewarned is forearmed

May 10, 2025
bpost NV/SA (BPOSF) Q1 2025 Earnings Call Transcript

bpost NV/SA (BPOSF) Q1 2025 Earnings Call Transcript

May 9, 2025
Judge frees another student detained by Trump’s Homeland Security goons

Judge frees another student detained by Trump’s Homeland Security goons

May 9, 2025
James Foley, director of Glengarry Glen Ross, dead at 71

James Foley, director of Glengarry Glen Ross, dead at 71

May 10, 2025
XRP Analyst Marks XDC For 3,350% Take-Off As Bullish Metrics Emerge

XRP Analyst Marks XDC For 3,350% Take-Off As Bullish Metrics Emerge

May 9, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Gold tops stocks as second-favorite long-term investment, real estate still no. 1 – Gallup poll

Ting Sensor with Fire Prevention Service review: Forewarned is forearmed

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In