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

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.


SABIC gets a brand boost

Updated 36 min 54 sec ago

SABIC gets a brand boost

  • SABIC has now entered the list of top 500 global brands

LONDON: Saudi petrochemical giant SABIC has received a boost to its brand value after a new survey saw it jump 9.3 percent to $4.33 billion in 2020, according to the independent brand valuation consultancy, Brand Finance.

“This reflects the growing positive perception of SABIC,” Brand Finance said in a statement.

SABIC has now entered the list of top 500 global brands.

“The strength of our global brand demonstrates our collaborative approach to business and our commitment to maintaining long-term relationships based on trust,” said SABIC CEO Yousef Al-Benyan.

Last year the petrochemicals company launched its first-ever global brand advertising campaign to raise the company’s awareness, understanding, and engagement with global influencers.

Brand Finance utilizes a bespoke methodology to determine a company’s brand value. Factors considered include stakeholder familiarity, satisfaction, and forecasted business performance.