UK to Ban Sales of New Gasoline
and Diesel Cars by 2030.
The U.K. initially planned to ban the sale of new cars
that run on only gasoline or diesel by 2035. .
On Wednesday, the U.K. government
announced plans to move up the timeline.
Now, the sale of fossil fuel-powered
cars will end five years earlier in 2030. .
The sale of new hybrid vehicles, which run
on both fossil fuels and electricity, will still
be allowed to continue until 2035. .
To accelerate the sales of cleaner vehicles
in the U.K., the government plans to spend $1.7 billion
on charging points for electric vehicles. .
$664 million will go towards the development
and production of batteries for electric cars. .
$773 million in subsidies will make ultra-low and
zero emission vehicles more affordable to purchase. .
The ban and subsequent funding is a part
of a broader “green industrial revolution”
announced by Prime Minister Boris Johnson. .
The blueprint includes $16 billion
in government investments.
The U.K. government is hopeful that the
private sector will contribute more than $48 billion.
The United Kingdom is looking to the future
and seizing the opportunity to build back
greener … The recovery of our planet and of our
economies can and must go hand-in-hand, Boris Johnson, via CNN