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 Summary

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.

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