End of Gasoline Powered Autos by 2030?

by Mike ‘Mish’ Shedlock
Mish Talk

Earlier this month, the German Bundesrat voted to ban new gasoline- or diesel-powered vehicles from EU roads starting in 2030.

Days later, the German Transport Minister Calls Internal Combustion Ban “Utter Nonsense”.

Let’s take a look at both stories. […]

German Government Votes to Ban Internal Combustion Engines by 2030

Members of the German government have just passed a resolution to ban the sale of internal combustion engines in the European Union by 2030. Only zero-emissions vehicles would be allowed on the market after that time, according to the resolution.

The resolution was passed in Germany’s Bundesrat, the nation’s legislative body representing the sixteen German states, with across-the-aisle support.

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