The UK is bringing forward a ban on sales of new gasoline and diesel cars to 2030 while maintaining a 2035 cut-off for hybrids — vehicles that include battery propulsion alongside an internal combustion engine. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The decision is intended to boost investment in electric vehicles (EVs) and charging networks, and contribute to a UK target of “net zero” carbon emissions by 2050. It comes against a background of COVID-19 and Brexit uncertainty, the latter affecting car producers especially, but also paves the way to the UK hosting the UN Climate Change Conference in Glasgow next November. Prices The UK is Europe’s third biggest oil consumer after Germany and France. Its road fuel market — more than half the country’s oil demand — amounts to about 35 million mt/year, equivalent to just under 45 billion liters, […]