Europe Could Push EV and Renewable Energy Across the Finish Line
When France recently announced a plan to ban gas and diesel vehicle sales by 2040 it wasn't met with the kind of fanfare a bold plan like that might have gotten a few years ago. It's bold to look beyond oil, but it's now feasible for some countries to do so and not rock the boat politically. And France may not even be a leader in its anti-oil push.
The Netherlands' lower house passed a bill that would ban gasoline and diesel car sales in 2025, Norway has a goal of going all-electric the same year, and Germany and India have thrown around the idea of going to all electric vehicles by 2030. But France's ban on gasoline vehicles after 2040 may be the one to take most seriously because of the country's size and location in the center of Europe.
Image source: Tesla.
Source: Fool.com