France, Spain pledge to halt gas-driven vehicle sales - BusinessWorld Online

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France, Spain pledge to halt gas-driven vehicle sales - BusinessWorld Online
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France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to accelerate the transition to a low-carbon economy.

The countries made their pledges at the COP27 climate talks in Egypt’s Sharm el-Sheikh, among a group of new signatories to the Zero Emission Vehicles Declaration , launched at last year’s conference in Glasgow.

Among a number of new corporate signatories were fleet owners Delta Electronic, Coca-Cola EUROPACIFC Partners and parts maker Valeo, the British government said in a statement. Policymakers are keen to slash or eliminate greenhouse gas emissions from cars, trucks and other forms of transport such as planes, a leading contributor to global warming. Aviation and shipping are harder to decarbonize, but low-emissions technology for smaller vehicles is well established and scaling fast.

Alok Sharma, who was the president at COP26, said the zero-emissions vehicles pledge “was a major milestone bringing together leading actors to accelerate the transition to 100 percent new car sales being zero emission by 2040, and 2035 in leading markets”.

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