France’s environment minister Nicolas Hulot just revealed that the country plans to ban the sale of gasoline and diesel powered vehicles by 2040. He made the announcement while launching the country’s new Climate Plan to meet its targets under the Paris Accord.
Hulot, who is himself a popular environmental activist, cited the example of a “European maker” that decided to embrace the electrification of vehicles. He was clearly referring to Volvo which has recently announced that it will launch only electric vehicles from 2019.
To ease the transition, Hulot said the French government will offer tax incentives to replace fossil-fuel burning cars with clean alternatives. “The government will offer each French person a bonus to replace their diesel car dating before 1997 or petrol from before 2001 by a new or second-hand vehicle,” he said. “The target is a tough one,” he noted, “but France wants to become the No. 1 green economy.”
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