Fossil Fuels Estimated to Only Have 15 Years Left in the United Kingdom

In 2035, Britain will begin to ban sales of new gasoline and diesel cars the ban will start five years earlier than planned. For the first time, hybrid vehicles will also be included in the ban. The UK government felt it was necessary to fight the climate crisis by helping the country to cut carbon emissions to “net zero” by the year of 2050.

The accelerated time frame drew pushback from automakers, who have concerns about the lack of clarification on whether the government would continue to subsidize sales of electric vehicles, as there is currently limited charging infrastructure. Automakers expect there to be several job losses. The new commitment puts the UK in a group of countries taking charge to phase out cars that are run by fossil fuels.

Norway is another country that wants all passenger cars and vans sold in the country to be zero-emission by the year 20205. India has also called for any new cars sold in the country to be electric by 2030.  If the UK wants to meet the 2035 goal, it would require an entire transformation of the UK car market.

The use of battery-powered electric vehicles has increase in Britain by over 144% since last year, but sales still only made up for a total of 2% of automakers revenue. Hybrids, which is also included to be in the ban under the new policy in 2035, made up for about 8% of total vehicle sales.

Automakers like Volkswagen are investing billions of dollars in developing electric cars. According to data from the Society of Motor Manufactures and Traders, UK car production decreased by 14% last year. The shift away from diesel in Europe plated a significant role in the decline. Many automakers feel the interrupt in production will ultimately erode their bottom line.

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