EU states supports phasing out fossil fuel powered cars by 2035
EU states supports phasing out fossil fuel powered cars by 2035

The European states agreed to propose a law for battling the environmental issue of climate change and backed the proposal of phasing out the new fossil fuel-powered cars by 2035. 

It has further been decided in the recent meeting that a multi-billion-euro fund will be created to safeguard vulnerable citizens from spending on products that produce carbon dioxide.   

Advertisement

 EU climate policy chief Frans Timmermans speaking and providing information on the matter, stated, “The climate crisis and its consequences are clear, so this policy is inevitable. The invasion of Ukraine from Russia, the largest gas supplier, had prompted EU countries to give up from fossil fuels faster”. 

After negotiations of more than 16 hours, the environment ministers of the twenty-seven (27) European states agreed on five laws, which will be a part of the wider package of measures with the motive of reducing global warming emissions. 

These all-climate proposals aim to make sure that all the member states will be able to achieve their 2030 targets of reducing net emissions by 55% from 1990 levels. 

Apart from this, the ministers also backed a new carbon market in the European Union, which will impose costs on polluting fuels that previously had been utilised in transport as well as buildings. Though according to the reports, it will start its operations positively by the year of 2027. 

The negotiations resulted in the ministers agreeing to set up a European Union fund of 59 billion euros to safeguard low-income citizens from paying for this policy in 2027-2032.

Meanwhile, the European Commission, via its official Twitter handle, stated, “Our shift away from fossil fuels is even more urgent after Russia’s invasion of Ukraine. We welcome the agreement reached by the Environment Council on a big part of our Fit For 55 proposals. A big step towards delivering the EU Green Deal”. 

 

Advertisement