Ireland to ban sales of new petrol and diesel cars by 2030

The “Climate Action Plan” also includes the elimination of non-recyclable plastic and higher fees on the production of materials that are difficult to recycle. (File/AFP)
Updated 18 June 2019
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Ireland to ban sales of new petrol and diesel cars by 2030

  • The government hopes to have 950,000 electric vehicles on Irish roads by 2030
  • The bigger goal is to put Ireland on a path to achieve net zero carbon emissions by 2050

LONDON: Ireland has announced it will ban the sale of new petrol and diesel vehicles by 2030 as part of its new climate change plan.
The government hopes to have 950,000 electric vehicles on Irish roads by then, supported by a network of charging stations.
The measure is one of 180 proposals covering business, construction, transport, agriculture and waste management intended to put Ireland on a path to achieve net zero carbon emissions by 2050.
“Our approach will be to nudge people and businesses to change behavior and adapt new technologies through incentives, disincentives, regulations and information,” said Prime Minister Leo Varadkar.
“Our objective... is to transition to a low-carbon and climate-resilient society. Our call to action in the fight to save our planet,” he added.
Dublin hopes to increase its level of electricity generated from renewable energy from 30 percent of the total mix to 70 percent by 2030.
The “Climate Action Plan” also includes the elimination of non-recyclable plastic and higher fees on the production of materials that are difficult to recycle.
Friends of the Earth Director Oisin Coghlan called the plan “the biggest innovation in Irish climate policy in 20 years.”
But Greenpeace criticized the government for not committing to the 2050 target, only making it a goal.


British mortgage approvals near 2-year high in June: UK Finance

Updated 24 min 10 sec ago
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British mortgage approvals near 2-year high in June: UK Finance

  • Consumer demand has generally been robust since Britain voted to leave the EU in June 2016
  • The number of mortgages approved for house purchase rose to 42,653 in June
LONDON: The number of mortgages approved for British house purchases edged up to one of its highest levels in the past two years last month, though credit card lending grew at a slower pace, data from industry body UK Finance showed on Wednesday.
Consumer demand has generally been robust since Britain voted to leave the European Union in June 2016, but the housing market has slowed, especially in London and surrounding areas.
Bank of England Chief Economist Andy Haldane said on Tuesday that there were signs the slowdown in the housing market had bottomed out.
The number of mortgages approved for house purchase rose to 42,653 in June, on a seasonally-adjusted basis, up from 42,407 in May and close to April’s two-year high of 42,792.
Net credit card lending slowed to £119 million ($148 million) in June from £247 million in May, the lowest since a contraction of £54 million in December 2018.