Prime Minister Boris Johnson says
new cars and vans powered by petrol and diesel will not be sold in the UK from
2030.
According to the BBC, Johnson
said it is part of “a green industrial revolution” to tackle climate change and
to create jobs.
The 10-point plan is to
accelerate the transition to electric vehicles and investing in grants to help
buy cars and charge-point infrastructure.
The plan also includes producing
enough offshore wind to power every home, developing the first town heated
entirely by hydrogen by the end of the decade, provision for large nuclear
plant and developing the next generation of small and advanced nuclear
reactors.
The plan is aimed at putting the
UK on track to meet its goal of net zero emissions by 2050 and to create
250,000 jobs.
It also includes making buildings
greener, warmer and more energy-efficient, and installing 600,000 heat pumps
(low-energy electrical devices for warming homes) every year by 2028 as well as
making cycling and walking more attractive ways to travel and investing in
zero-emission public transport for the future.
“My 10-point plan will create,
support and protect hundreds of thousands of green jobs, whilst making strides
towards net-zero by 2050,” Johnson reportedly said.
“Our green industrial revolution
will be powered by the wind turbines of Scotland and the North East, propelled
by the electric vehicles made in the Midlands and advanced by the latest
technologies developed in Wales, so we can look ahead to a more prosperous,
greener future.
The UK will host the COP26
(conference of party) international climate summit in Glasgow in 2021. The
conference was initially scheduled to take place in 2020 but was postponed
because of the COVID-19 pandemic.
Norway, Israel, Ireland, Denmark,
Sweden and Singapore have also made plans to phase out internal combustion
engine (ICE) vehicles — with the earliest abolishment date being 2025.
The Nigerian economy, which
relies heavily on the revenue generated from crude oil exports, will be
affected by the development as European countries are the largest importers of
Nigeria’s crude oil.
The COVID-19 pandemic impacted
negatively on global oil demand early in the year, leading to the collapse of
prices across the world.
As of November 2, the price of
Brent crude dropped by 3.43 percent to $36.64 per barrel after some European
countries imposed another round of lockdown to slow the spread of COVID-19.
The Nigerian economy is projected
to enter its second recession in five years owing to low oil prices.
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