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In 22 years, the last fossil-fueled car will be sold in Britain and France. But now, the wish of the oil company Shell is that they want cars to be banned even sooner.
2040 is the last year in which fossil fuel-powered cars are allowed to be sold in France and the United Kingdom. This can be considered bad news for oil companies because a large part of their market disappears, but this is not the case according to Shell.
– I think Britain needs to go faster than the rest of the world. I attended The Guardian newspaper. According to him, we must accept that the phasing out of fossil fuels can be done at different rates in the world and that the rich western countries are the engines of development.
But how can one of the biggest oil companies in the world get rid of? According to Van Beurden, the anticipated imposition of the embargo implies facilitating investment planning in the future. Shell has already purchased electrical infrastructure and battery startups / charging technologies. The other positive effect of Shell is that the adversity of the consumer would be affected faster and that the investment would be faster.
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