Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Britain will ban the sale of new petrol and diesel heavy goods vehicles weighing more than 26 tonnes from 2040 under the government’s transport decarbonization plan unveiled on Wednesday. This measure is a part of the country’s initiative to achieve net-zero emissions from all forms of transport in the next 10 years.


Additionally, the government will also ban the sale of smaller diesel trucks from 2035. The British government also expects to create a net-zero rail network and domestic aviation emissions by 2040.


The regulatory measures aim to address carbon taxing through fuel levies and vehicle excise duties once electric vehicles become dominant.


The European Commission is also expected to publish a report outlining measures to achieve a decrease of 55pc emissions by 2030 as compared to 1990. The EU further wants to increase taxes on polluting fuels and introduce an EU-wide levy on aviation kerosene. 

Leave a Reply

Your email address will not be published.