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Japan intends to ban the sale of new cars equipped with gasoline engines for the next 15 years, the Tokyo government announced. The initiative is part of a plan by which the Japanese state wants to reach zero carbon emissions, reported Kyodo and Reuters, assumed by Agerpres.
The plan is expected to boost the sale of electric vehicles, including hybrid models and fuel cell vehicles, around 2035. To accelerate the spread of electric cars, Japan will take steps to reduce the cost of vehicle batteries to less than half by 2030..
Japan’s “green strategy” to boost economic growth targets the hydrogen industry and the automotive sector to meet Prime Minister Yoshihide Suga’s October pledge that Japan will achieve net zero carbon dioxide emissions by 2050.
Green investment is a priority in the government’s strategy to support the recovery of the economy affected by the coronavirus pandemic (COVID-19) and harmonize the country’s climate goals with those of the European Union, China and other economies.
“The government has set ambitious targets, Japan will have a carbon neutral footprint by 2050. Clarifying the targets and political direction towards the green strategy will stimulate companies to invest in the technologies of the future,” said Yukari Takamura, professor at the University. from Tokyo.
The Japanese executive will provide subsidies to companies and other financial support to stimulate investments in green technology.
Publisher: BP
