Six automakers signed a declaration at the Glasgow Climate Change Conference that they would phase out petrol-powered cars by 2040, The New York Times reported.
They agreed to work to sell only zero-emission vehicles by 2040 such companies as BYD, Ford, General Motors, Jaguar Land Rover, Mercedes-Benz and Volvo.
Car manufacturers such as BMW, Honda, Hyundai, Nissan, Stellantis, Toyota and the Volkswagen Group have refused to sign the Glasgow Declaration on Zero Emission Cars and Vans. The governments of the United States, China and Japan, the three largest auto markets, also abstained, the newspaper notes.
“They did not do this because the agreement requires businesses to make expensive investments in technology without corresponding government promises to build an electric vehicle charging infrastructure,” the newspaper writes.
The main goal of COP26 is to intensify the efforts of the parties to achieve the goals of the Paris Agreement. It is projected to significantly reduce greenhouse gas emissions by 2030 and reach zero emissions by mid-century. Mobilizing $ 100 billion a year for climate action is also an important issue.
At the opening of COP26, Heads of State and Government made a call to each other to save the planet and humanity.
More than 100 world leaders in the COP26 climate talks in Glasgow pledged to end deforestation and land degradation by the end of the decade.
More than 40 countries, including Ukraine, have agreed to gradually abandon coal.