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Banning New Gas Cars Is Key for Hitting EU’s Climate Goals

  • Nine EU nations urge bloc to speed up the shift to EVs
  • Cutting transport emissions is major climate challenge for EU
Bloomberg business news
WATCH: Denmark’s Climate Minister and The Netherlands’ Infrastructure Secretary discuss the legislative package known as “Fit for 55.”(Source: Bloomberg)

The European Union must set a date to phase out the sale of new petrol and diesel cars so that the region meets its aim of becoming climate-neutral, according to nine member states.

Tackling pollution from transport, which accounts for a quarter of EU greenhouse gas emissions, is one of the biggest challenges for the 27-nation bloc in its sweeping environmental clean up. Europe must give a clear signal to manufacturers, fleet owners and consumers to accelerate the shift to electric vehicles, countries including the Netherlands and Denmark said in a document sent to EU climate and transport chiefs.