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Phase-out of fossil fuel vehicles

The European Council broadly agrees on several measures to combat climate change. Among them is a ban on combustion engines for new cars beginning in 2035, setting aside €59 billion for a special fund to reduce the cost of transition for the poorest populations, to be paid out from 2027 to 2032, reduction of carbon dioxide emissions by 55% from the 1990 reference level, and a carbon market reform. Negotiations on the final version of these reforms is underway.

EU countries approve climate laws, 2035 fossil fuel car ban

Sources:  Al Jazeera

Changes

  1. The European Council broadly agrees on several measures to combat climate change. Among them is the ban on combustion engines for new cars from 2035, setting aside €59 billion for a special fund to reduce the cost of transition for the poorest, to be paid out in 2027–32, reduction of carbon dioxide emissions by 55% from the 1990 reference level, and carbon market reform. Negotiations over the final form of these reforms will be underway.
  2. The European Council broadly agrees on several measures to combat climate change. Among them is a ban on combustion engines for new cars beginning in 2035, setting aside €59 billion for a special fund to reduce the cost of transition for the poorest populations, to be paid out from 2027 to 2032, reduction of carbon dioxide emissions by 55% from the 1990 reference level, and a carbon market reform. Negotiations on the final version of these reforms is underway.

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