France to ban petrol cars by 2040

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France is set to ban the sale of any car that uses petrol or diesel fuel by 2040, in what the ecology minister called a “revolution.”

Nicolas Hulot announced the planned ban on fossil fuel vehicles as part of a renewed commitment to the Paris climate deal, the BBC reports.

He said France planned to become carbon neutral by 2050.

Hybrid cars make up about 3.5 per cent of the French market, with pure electric vehicles accounting for just 1.2 per cent.

It is not yet clear what will happen to existing fossil fuel vehicles still in use in 2040.

Mr. Hulot, a veteran environmental campaigner, was appointed by new French President Emmanuel Macron.

Mr. Macron has openly criticised United States environmental policy, urging Donald Trump to “make our planet great again.”

President Trump’s decision to withdraw from the Paris agreement in June was explicitly named as a factor in France’s new vehicle plan.

“France has decided to become carbon neutral by 2050 following the U.S decision,” Mr. Hulot said, adding that the government would have to make investments to meet that target.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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