The Daily BS • Bo Snerdley Cuts Through It!

Get my Daily BS twice-a-day news stack directly to your email.


Europe follows California’s lead on gas car sales ban

by

Daily Caller News Foundation

The European Parliament approved legislation Tuesday that will ban the sale of new gas-powered cars in the European Union after 2035.

The new legislation mandates that all passenger cars and light commercial vehicles sold in the 27 member countries of the European Union (E.U.) have zero carbon dioxide emissions by 2035, a requirement which will effectively ban the sale of new gasoline-powered vehicles in the bloc, Reuters reported. The E.U.’s new rules come months after the U.S. states of California and Washington announced similar bans in August 2022 on new gas-powered vehicle sales after 2035, a target that president John Bozzella of the Alliance for Automotive Innovation, a international automotive lobbying group, said would be “extremely challenging” to meet, and dependent on “external factors” in the broader economy like inflation and availability of key minerals.

“This regulation encourages the production of zero- and low-emission vehicles,” Parliament member Jan Huitem of the Netherlands, a member of the Renew Europe Group, a self-described centrist party committed to European unification, said in the E.U.’s press release. “It contains an ambitious revision of the targets for 2030 and a zero-emission target for 2035, which is crucial to reach climate neutrality by 2050. These targets create clarity for the car industry and stimulate innovation and investments for car manufacturers.”

En route to an outright ban of gas-powered cars, new cars sold in 2030 will have to hit a 55% reduction in emissions compared to 2021, according to the new E.U. law. The law follows an October deal between the European Council, which represents European heads of state and the European Parliament to implement regulations that require new cars sold after 2035 to be emissions free.

The E.U., Japan, South Korea and the United Kingdom have all been vocal critics of U.S. President Joe Biden’s signature Inflation Reduction Act (IRA), alleging that the tax credits for manufacturing electric vehicles in the United States violate existing trade agreements with the various nations. While proposed rules from the U.S. Treasury Department in late December would make it easier for foreign vehicles to qualify, several foreign automakers have already announced multibillion dollar investments in U.S. manufacturing.

The E.U. is considering a massive subsidy package of its own to compete with the $369 billion IRA and encourage manufacturing in Europe. American automaker Ford cut thousands of jobs from Europe Tuesday to focus its attention on developing electric vehicles.

A spokesperson for the European Parliament did not immediately respond to a Daily Caller News Foundation request for comment.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].

Republished with permission from Daily Caller News Foundation

Submit a Comment

Your email address will not be published. Required fields are marked *