The Fort Worth Press - EU approves 2035 ban on new fossil fuel car sales

USD -
AED 3.673042
AFN 68.858766
ALL 88.802398
AMD 387.151613
ANG 1.799401
AOA 927.769041
ARS 961.359012
AUD 1.46886
AWG 1.8
AZN 1.70397
BAM 1.749922
BBD 2.015926
BDT 119.312844
BGN 1.749287
BHD 0.376236
BIF 2894.376594
BMD 1
BND 1.290118
BOB 6.899298
BRL 5.515104
BSD 0.998434
BTN 83.448933
BWP 13.198228
BYN 3.267481
BYR 19600
BZD 2.012526
CAD 1.35775
CDF 2871.000362
CHF 0.850342
CLF 0.033728
CLP 930.650396
CNY 7.051904
CNH 7.043005
COP 4153.983805
CRC 518.051268
CUC 1
CUP 26.5
CVE 98.657898
CZK 22.451404
DJF 177.79269
DKK 6.68204
DOP 59.929316
DZD 132.138863
EGP 48.452557
ERN 15
ETB 115.859974
EUR 0.894904
FJD 2.200804
FKP 0.761559
GBP 0.75092
GEL 2.730391
GGP 0.761559
GHS 15.696327
GIP 0.761559
GMD 68.503851
GNF 8626.135194
GTQ 7.71798
GYD 208.866819
HKD 7.79135
HNL 24.767145
HRK 6.799011
HTG 131.740706
HUF 352.160388
IDR 15160.8
ILS 3.781915
IMP 0.761559
INR 83.48045
IQD 1307.922874
IRR 42092.503816
ISK 136.260386
JEP 0.761559
JMD 156.86485
JOD 0.708504
JPY 143.82504
KES 128.797029
KGS 84.238504
KHR 4054.936698
KMF 441.350384
KPW 899.999433
KRW 1332.490383
KWD 0.30507
KYD 0.832014
KZT 478.691898
LAK 22047.152507
LBP 89409.743659
LKR 304.621304
LRD 199.686843
LSL 17.527759
LTL 2.95274
LVL 0.60489
LYD 4.741198
MAD 9.681206
MDL 17.42227
MGA 4515.724959
MKD 55.129065
MMK 3247.960992
MNT 3397.999955
MOP 8.014495
MRU 39.677896
MUR 45.880378
MVR 15.360378
MWK 1731.132286
MXN 19.414804
MYR 4.205039
MZN 63.850377
NAD 17.527759
NGN 1639.450377
NIO 36.746745
NOK 10.48375
NPR 133.518543
NZD 1.60295
OMR 0.384512
PAB 0.998434
PEN 3.742316
PGK 3.9082
PHP 55.653038
PKR 277.414933
PLN 3.82535
PYG 7789.558449
QAR 3.640048
RON 4.449904
RSD 104.886038
RUB 92.240594
RWF 1345.94909
SAR 3.752452
SBD 8.306937
SCR 13.046124
SDG 601.503676
SEK 10.171204
SGD 1.291304
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 570.572183
SRD 30.205038
STD 20697.981008
SVC 8.736188
SYP 2512.529936
SZL 17.534112
THB 32.927038
TJS 10.61334
TMT 3.5
TND 3.025276
TOP 2.342104
TRY 34.117504
TTD 6.791035
TWD 31.981038
TZS 2725.719143
UAH 41.267749
UGX 3698.832371
UYU 41.256207
UZS 12705.229723
VEF 3622552.534434
VES 36.777762
VND 24605
VUV 118.722009
WST 2.797463
XAF 586.90735
XAG 0.03211
XAU 0.000381
XCD 2.70255
XDR 0.739945
XOF 586.90735
XPF 106.706035
YER 250.325037
ZAR 17.43086
ZMK 9001.203587
ZMW 26.433141
ZWL 321.999592
  • JRI

    -0.0800

    13.32

    -0.6%

  • NGG

    0.7200

    69.55

    +1.04%

  • BTI

    -0.1300

    37.44

    -0.35%

  • CMSD

    0.0100

    25.02

    +0.04%

  • GSK

    -0.8200

    40.8

    -2.01%

  • AZN

    -0.5200

    78.38

    -0.66%

  • CMSC

    0.0300

    25.15

    +0.12%

  • BCC

    -7.1900

    137.5

    -5.23%

  • RIO

    -1.6100

    63.57

    -2.53%

  • SCS

    -0.3900

    12.92

    -3.02%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • RBGPF

    58.8300

    58.83

    +100%

  • VOD

    -0.0500

    10.01

    -0.5%

  • RELX

    -0.1400

    47.99

    -0.29%

  • BP

    -0.1200

    32.64

    -0.37%

  • BCE

    -0.1500

    35.04

    -0.43%

EU approves 2035 ban on new fossil fuel car sales
EU approves 2035 ban on new fossil fuel car sales / Photo: © AFP

EU approves 2035 ban on new fossil fuel car sales

The European Parliament on Tuesday gave its final approval to a ban on new sales of carbon-emitting petrol and diesel cars by 2035, with a view to getting them off the continent's roads by mid-century.

Text size:

European Union member states have already approved the legislation and will now formally nod it into law at an upcoming ministerial meeting, despite opposition from conservative MEPs, the parliament's biggest group.

Supporters of the bill had argued to that it would give European carmakers a clear timeframe in which to switch production to zero-emission electric vehicles, and spur investment to counter competition from China and the United States.

This, in turn, will also support the European Union's ambitious plan to become a "climate neutral" economy by 2050, with net-zero greenhouse gas emissions.

"Let me remind you that between last year and the end of this year China will bring 80 models of electric cars to the international market," EU vice president Frans Timmermans warned MEPs.

"These are good cars. These are cars that will be more and more affordable, and we need to compete with that. We don't want to give up this essential industry to outsiders."

But opponents argued that neither European industry nor many private motorists are ready for such a dramatic cut off in production of internal combustion engine vehicles -- and that hundreds of thousands of jobs are at risk.

"Our proposal is ... to let the market decide what technology is best to reach our goals," said MEP Jens Gieseke, a member of the centre-right European People's Party.

Gieseke declared that arguments from Green and socialist MEPs that electric cars are cheaper to run had been rendered "null and void" by the crisis of soaring energy costs.

"In Germany 600,000 people work on ICE production, those jobs are at risk," he declared, urging the European Commission to rethink plans to also extend the ban to trucks and buses.

The EPP group warned of what it said would be the "Havana effect" -- Europeans continuing to drive vintage fuel-burning cars after new sales are banned because they can't find or afford an electric.

Opponents also argue car batteries are produced abroad by Europe's competitors like the United States, but Timmermans argued that thanks to EU-backed investment European production would increase.

Green MEPs stressed the importance of the ban in reducing emissions and pollution.

- Victory for the planet? -

Karima Delli, president of the transport committee, declared: "Today's vote is a historic vote for the ecological transition.

"We will no longer, or almost no longer, have petrol or diesel cars on our roads in 2050 ... it is a victory for our planet and our populations"

Cars currently account for about 15 percent of all CO2 emissions in the EU, while transportation overall accounts for around a quarter.

In October last year, EU member states, the European Commission and parliament's negotiators agreed on a proposal to reduce CO2 emissions from new cars in Europe to zero by 2035.

In practice, in the final legislation, this means a halt to sales of new petrol and diesel cars, light commercial vehicles and hybrids in the bloc by that date, in favour of all-electric vehicles.

- US green subsidies -

Car-making giant Germany and conservative MEPs have been dubious about the new rules, fearing the burden of re-tooling their plants and retraining workers while global rivals have looser targets.

But the European car industry itself did not lobby hard against the law, with many firms already jockeying for position in the race to become electric vehicle giants.

Since the law began its journey through the EU legislative process, however, the United States has unveiled a huge plan to subsidise the green transition of its own industry with government hand-outs.

This has led to fears in Europe that its US rival will siphon away investment and jobs in electric vehicle and battery production.

Currently around 12 percent of new cars sold in the European Union are electric, with consumers shifting away from CO2-emitting models as energy costs and greener traffic regulations bite.

Meanwhile, China -- the world's biggest automobile market -- wants at least half of all new cars to be electric, plug-in hybrid or hydrogen-powered by 2035.

The law passed the Strasbourg assembly by 340 votes to 279, with 21 abstentions.

L.Holland--TFWP