The European Parliament and European Council have reached a provisional agreement confirming zero-emissions targets for new vans and cars by 2035.
“With these targets, we create clarity for the car industry and stimulate innovation and investments for car manufacturers. In addition, purchasing and driving zero-emission cars will become cheaper for consumers,” rapporteur Jan Huitema, a member of the political group Renew Europe, said in the statement.
The agreement is the first of the “Fit for 55” package, a set of proposals aimed at enabling the EU to achieve a 55 percent reduction in net greenhouse gas emissions by 2030.
The European Commission will publish a report to evaluate progress toward zero-emission road mobility by 2025 and every two years subsequently.
The EU will channel funding toward the transition to zero-emission vehicles and related technologies. By the end of 2024, existing rules for labeling fuel economy and CO2 emissions will be reviewed.
The deal requires formal approval from the European Council and European Parliament before it takes effect.
EU Follows Similar US Moves
The EU decision follows similar moves in the United States. In August, California announced that it would ban the sale of gas-powered cars by 2035.The push to replace fossil fuel vehicles with electric ones by claiming that it’s more environmentally friendly has come under criticism.
As demand for EVs grows, so will the need for batteries. This means more mining for raw materials such as cobalt, lithium, and nickel, thus posing more harm to land, water, and wildlife.