AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

BRUSSELS: Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the sale of new petrol and diesel cars from 2035 by five years, according to a document seen by Reuters.

The policy is a key pillar of the EU’s plans to tackle rising transport emissions and speed the shift to electric vehicles, as the bloc strives to cut economy-wide net greenhouse gas emissions 55% by 2030, from 1990 levels.

The car emissions proposal, made by the European Commission last year, would require a 100% reduction in CO2 emissions from new cars by 2035, making it impossible to sell fossil fuel-powered vehicles in the EU from that date.

Ministers from EU countries plan to agree their position next week, before negotiating the final law with the EU parliament - which supported the 2035 ban in a vote this month.

Europe’s climate policies risk being weakened, 10 countries warn

In a paper circulated among EU states, the five countries called instead for a 90% car CO2 cut by 2035 and a 100% target by 2040. They said light commercial vehicles should meet an 80% CO2 cut by 2035 and 100% by 2040, rather than the 100% reduction by 2035 proposed by the Commission.

“Adequate and tailored transition periods need to be established,” the paper said, citing the need to expand charging infrastructure, and adding that the law must still comply with climate goals.

Brussels says the 2035 date is crucial because the average lifespan of new cars is 15 years – so a later ban would stop the EU reaching net zero emissions by 2050, the global milestone scientists say would avert disastrous climate change.

Some EU governments have rallied behind the 2035 target, but Germany’s finance minister said this week the EU’s biggest car market would not support it.

BMW starts production at new $2.2bn China plant to ramp up EV output

Ford and Volvo Cars have publicly supported the plan, and Volkswagen aims to stop selling combustion engine cars in Europe by 2035. But industry groups including the European Automobile Manufacturers’ Association have opposed the 2035 target, citing concerns including the uncertain rollout of chargers.

The EU is negotiating another law requiring countries to install millions of vehicle chargers this decade.

Comments

Comments are closed.