AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)
Business & Finance

GM plans to be carbon neutral by 2040, aspires to end tailpipe emissions by 2035

  • "We're taking actions so that we can eliminate tailpipe emissions by 2035," said Dane Parker.
  • More than half of GM's capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs.
Published January 28, 2021

WASHINGTON: General Motors Co said Thursday it plans to be carbon neutral by 2040 and aspires to end sales of light-duty vehicles with tailpipe emissions by 2035.

The announcement by the largest US automaker comes just over a week since President Joe Biden took office, who has pledged to tackle greenhouse gas emissions and dramatically boost the sales of electric vehicles.

GM Chief Executive Mary Barra said the automaker had worked with the Environmental Defense Fund (EDF) to "develop a shared vision of an all-electric future and an aspiration to eliminate tailpipe emissions from new light-duty vehicles by 2035."

In September, California Governor Gavin Newsom said the state plans to ban the sale of new gasoline-powered passenger cars and trucks starting in 2035 and several states have indicated they plan to follow suit.

"We're taking actions so that we can eliminate tailpipe emissions by 2035," said Dane Parker, GM's chief sustainability officer, in a briefing with reporters. "Setting a goal for us 15 years from now is absolutely reachable."

Environmental Defense Fund President Fred Krupp said in a statement "with this extraordinary step forward, GM is making it crystal clear that taking action to eliminate pollution from all new light-duty vehicles by 2035 is an essential element of any automaker's business plan."

More than half of GM's capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs, GM said.

Biden on Monday vowed to replace the US government's fleet of roughly 650,000 vehicles with electric models as the new administration shifts its focus toward clean-energy.

Comments

Comments are closed.