France to ban sales of petrol and diesel cars by 2040, reducing emissions as part of The Paris Agreement

Briefing

France to ban sales of petrol and diesel cars by 2040, reducing emissions as part of The Paris Agreement

August 11, 2017

Briefing

  • Halting Combustion Engines – France announced banning of petrol and diesel car sales by 2040 to promote electric cars and other alternative fuel cars in accordance to The Paris Agreement
  • International Targets – Norway targets allowing sales of only 100% electric or hybrid cars by 2025, The Netherlands plan phasing-out diesel and petrol cars by 2025, India mulling over no longer selling petrol or diesel cars by 2030 to alleviate air pollution, and UK aspiring all new cars to be electric or ultra low emission by 2040
  • Next Steps – France and car manufacturers plan to lower price of electric cars, build more electricity infrastructure, and move away from energy production methods using fossil fuel sources

Accelerator

Market Disruption

Sector

Transportation and Logistics

Source

Original Publication Date

July 6, 2017

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