9,097.15 TL BIST 100 BIST 100
31.30 $ USD USD
€33.84 EUR EUR
45.26 TL Interest Interest
83.55 $ Fossil Oil Fossil Oil
23.12 $ Silver Silver
3.85 $ Copper Copper
113.89 $ Iron Ore Iron Ore
392.00 $ Ship Dismantling Ship Dismantling
2,100.60 TL Gold (gr) Gold (gr)

EU countries to ban petrol and diesel cars by 2035

The European Union (EU) countries have approved the initiative to ban the sale of new cars with gasoline and diesel engines from 2035.

EU countries to ban petrol and diesel cars by 2035

The European Council announced that member states have approved the law that will introduce strict carbon emission standards for cars and light commercial vehicles by 2035.

By law, automakers will zero their carbon emissions by 2035. Thus, new cars with internal combustion engines, including gasoline and diesel, that emit carbon, will not be able to be sold in EU countries from the said date.

In addition, the 2030 emission reduction target will be 55 percent for cars and 50 percent for pickup trucks.

A group of countries led by Germany opposed the regulation, which was adopted in the European Parliament (EP) General Assembly last month and needs to be officially approved by EU member states to enter into force.

To support the plan, Germany had asked the EU for exemptions from renewable energy and synthetic fuels, known as e-fuels, produced by capturing carbon dioxide in the air. A consensus was reached on this issue as a result of negotiations between the EU Commission and Germany.

Germany had received assurances from the EU for the sale of new vehicles with internal combustion engines running on synthetic fuels.

After this stage, the law will enter into force after its publication in the EU Official Journal.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Russia leading the increase in coking coal supplies to India

Tuesday, February 27, 2024

JFE Steel increases its prices for April

Saturday, March 2, 2024

Minister Hisarcıklıoğlu" We are the country which exports to the most countries in the world"

Wednesday, February 28, 2024

Steel production falls in China and iron ore demand weakens

Saturday, March 2, 2024

ASELSAN announced €82 million air defense system deal

Wednesday, February 28, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now