Activists of 'Les Amis de la Terre' and 'Alternatiba' collectives participate in an action against the Climate Finance Day event in Paris on October 27, 2022. (Photo by Geoffroy VAN DER HASSELT / AFP)
BRUSSELS: The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to electric vehicles and combat climate change.
Negotiators from the EU countries and the European Parliament, who must both approve new EU laws, as well as the European Commission, which drafts new laws, agreed that carmakers must achieve a 100% cut in CO2 emissions by 2035, which would make it impossible to sell new fossil fuel-powered vehicles in the 27-country bloc.
File Photo: Smoke and steam billows from Belchatow Power Station, Europe's largest coal-fired power plant operated by PGE Group, at night near Belchatow, Poland December 5, 2018. (REUTERS/Kacper Pempel)
The deal also included a 55% cut in CO2 emissions for new cars sold from 2030 versus 2021 levels, much higher than the existing target of a 37.5% reduction by then.
The law, which the Commission first proposed last year, is a key pillar in a broader package of EU measures to deliver the EU's climate change targets.