Mexican Media Brands
German Goal: Zero Emissions from New Cars by 2030?
Germany won’t be able to meet its carbon dioxide emission goal unless virtually all new cars sold by 2030 are zero-emission vehicles, Bloomberg New reports, citing Deputy Economy Minister Rainer Baake.
#economics #hybrid #regulations
Share
Germany won’t be able to meet its carbon dioxide emission goal unless virtually all new cars sold by 2030 are zero-emission vehicles, Bloomberg New reports, citing Deputy Economy Minister Rainer Baake.
Germany has pledged to lower is CO2 emissions 40% by 2020 and at least 80% by 2050. But Baake tells an environmental conference in Berlin that Germany transportation sector hasn’t reduced its overall CO2 emission at all since 1990.
Sales trends suggest Germany has almost no likelihood of achieving its targets. The country has pledged to put about 1 million electric cars on the road by 2020. Last year passenger vehicle sales in Germany totaled 3.2 million, according to industry group ACEA. Fewer than 1% of those vehicles were electric.
A new €1 billion government-industry plan announced last month will offer buyers of EVs and plug-in hybrids one-time payments of as much as €4,000 per vehicle. Germany’s environmental ministry estimates the program will generate 500,000 sales through 2020.
RELATED CONTENT
-
Tesla Owners in Germany Ordered to Return Subsidy
Germany has ordered about 800 Tesla Model S electric cars owners to pay back a €4,000 ($4,700) government subsidy they received.
-
UPS to Test Electric Delivery Truck
United Parcel Services of America Inc. is partnering with Los Angeles startup Thor Trucks Inc. to test a fully electric Class 6 delivery truck.
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.