
The European Union took another step today toward banning the sale of new gasoline and diesel cars. The Parliament approved the new CO2 emissions reduction targets last year, with the latest vote finally pushing the legislation into law. It states that automakers must reduce CO2 emissions from new cars to zero by 2035.
Automakers will have another target to reach before the cutoff date. The law states that automakers must slash CO2 emissions by 55 percent for new cars and by 50 percent for vans by 2030. The next several years will also see the EU alter its zero- and low-emission vehicle incentives, removing them entirely by 2030.