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EU approves law to end sales of new CO2-emitting cars by 2035

2023 03 28T110830Z 1 LYNXMPEJ2R0GH RTROPTP 4 FRANCE ENERGY PETROL - Global Banking | Finance

BRUSSELS (Reuters) – European Union countries’ energy ministers gave final approval on Tuesday to a law ending sales of new CO2-emitting cars in the EU in 2035, after Germany won an exemption for cars running on e-fuels.

The law will now enter into force. It will require all new cars sold to have zero CO2 emissions from 2035, and 55% lower CO2 emissions from 2030, versus 2021 levels.

The European Commission has pledged, however, to propose additional rules allowing sales of new combustion engine cars that only run on e-fuels to continue after 2035, after Germany demanded this exemption from the ban.

 

(Reporting by Kate Abnett)

 

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