Commodities and Futures News

EU approves effective ban on new fossil fuel cars from 2035

2022.10.27 16:12

[ad_1]


EU approves effective ban on new fossil fuel cars from 2035

Budrigannews.com – The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to electric vehicles and combat climate change.

Negotiators from the EU countries and the European Parliament, who must both approve new EU laws, as well as the European Commission, which drafts new laws, agreed that carmakers must achieve a 100% cut in CO2 emissions by 2035, which would make it impossible to sell new fossil fuel-powered vehicles in the 27-country bloc.

The deal also included a 55% cut in CO2 emissions for new cars sold from 2030 versus 2021 levels, much higher than the existing target of a 37.5% reduction by then.

The law, which the Commission first proposed last year, is a key pillar in a broader package of EU measures to deliver the EU’s climate change targets.

[ad_2]

Source link

EU approves effective ban on new fossil fuel cars from 2035

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 103,768.80 0.46%
ethereum
Ethereum (ETH) $ 2,417.52 3.04%
tether
Tether (USDT) $ 1.00 0.03%
xrp
XRP (XRP) $ 2.41 0.80%
bnb
BNB (BNB) $ 658.45 3.79%
solana
Solana (SOL) $ 171.42 1.12%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.227434 9.20%
cardano
Cardano (ADA) $ 0.803323 1.14%
tron
TRON (TRX) $ 0.263661 1.65%
staked-ether
Lido Staked Ether (STETH) $ 2,410.51 3.09%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,684.78 0.63%
sui
Sui (SUI) $ 3.96 0.81%
chainlink
Chainlink (LINK) $ 16.41 1.14%
avalanche-2
Avalanche (AVAX) $ 24.67 6.06%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,887.31 2.99%
stellar
Stellar (XLM) $ 0.304199 0.34%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 3.13%
hedera-hashgraph
Hedera (HBAR) $ 0.209658 3.37%
hyperliquid
Hyperliquid (HYPE) $ 25.65 1.73%
the-open-network
Toncoin (TON) $ 3.39 3.52%
bitcoin-cash
Bitcoin Cash (BCH) $ 421.31 1.83%
leo-token
LEO Token (LEO) $ 8.72 0.15%
usds
USDS (USDS) $ 1.00 0.01%
polkadot
Polkadot (DOT) $ 5.17 10.96%
litecoin
Litecoin (LTC) $ 102.97 4.33%
weth
WETH (WETH) $ 2,420.07 3.09%
monero
Monero (XMR) $ 320.02 4.93%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,579.01 3.62%
bitget-token
Bitget Token (BGB) $ 4.82 6.28%
pepe
Pepe (PEPE) $ 0.000013 0.59%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.30%
pi-network
Pi Network (PI) $ 0.731509 2.87%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,809.81 0.42%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
whitebit
WhiteBIT Coin (WBT) $ 30.30 0.15%
uniswap
Uniswap (UNI) $ 6.67 4.54%
bittensor
Bittensor (TAO) $ 449.76 4.00%
near
NEAR Protocol (NEAR) $ 2.99 2.87%
aptos
Aptos (APT) $ 5.80 1.96%
dai
Dai (DAI) $ 1.00 0.02%
aave
Aave (AAVE) $ 221.16 5.42%
okb
OKB (OKB) $ 55.12 2.08%
ondo-finance
Ondo (ONDO) $ 1.04 0.81%
susds
sUSDS (SUSDS) $ 1.05 0.02%
ethereum-classic
Ethereum Classic (ETC) $ 19.56 1.94%
internet-computer
Internet Computer (ICP) $ 5.52 3.24%
crypto-com-chain
Cronos (CRO) $ 0.102455 1.47%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
official-trump
Official Trump (TRUMP) $ 14.18 1.47%