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UK to ban petrol, diesel cars from 2030 in green 'revolution'
By Joe JACKSON
London (AFP) Nov 17, 2020

Britain will ban petrol and diesel vehicle sales from 2030 as part of a 10-point plan for a "green industrial revolution" to be unveiled Wednesday by Prime Minister Boris Johnson.

The British premier has earmarked �12 billion (13.4 billion euros, $15.9 billion) for the wide-ranging plans, which he hopes will secure up to 250,000 jobs and help meet a target for the UK to become carbon neutral by 2050.

The proposals include quadrupling offshore wind power within a decade while scaling up hydrogen production capacity for industry, transport, power and homes.

Investment will also be made in zero-emission public transport, alongside research into zero-emission planes and ships, and in making cycling and walking "more attractive".

The plans contain broader aims to make Britain a "world-leader" in carbon capture technology and the City of London a "global centre of green finance".

The government will also spend �525 million on developing large and smaller-scale nuclear plants, and new advanced modular reactors, in a move likely to anger environmentalists.

Johnson is hoping the ambitious proposals can help deliver on pledges to reduce Britain's stark regional inequality and repair some of the economic damage done by the pandemic.

They are also being seen as an opportunity to reset his faltering government and align with the priorities of US President-elect Joe Biden, ahead of the UK hosting global climate talks next December.

"My 10-point plan will create, support and protect hundreds of thousands of green jobs, whilst making strides towards net zero by 2050," Johnson said in a statement ahead of publishing the full blueprint.

"Our green industrial revolution will be powered by the wind turbines of Scotland and the North East, propelled by the electric vehicles made in the Midlands and advanced by the latest technologies developed in Wales."

- 'Speculative solutions' -

The 2030 ban on petrol and diesel cars and vans follows what Downing Street called "extensive consultation with car manufacturers and sellers".

Johnson had said in February his government would aim to end such sales by 2035, but will now only allow the sale of hybrid vehicles until that year.

Under the new plans, it will invest �1.3 billion on expanding electric vehicle chargepoints in homes and streets across England, and make �582 million available in grants for people to buy zero or ultra-low emission vehicles.

Meanwhile nearly �500 million will be spent in the next four years on the development and production of electric vehicle batteries.

Under proposals to reduce carbon-emitting gas usage, another �500 million is earmarked to trial using hydrogen in homes for heating and cooking.

The government is aiming to build a so-called "Hydrogen Neighbourhood" within three years, a "Hydrogen Village" by 2025, and a town of tens of thousands of homes using the gas by the end of the decade.

It is also set to invest �1 billion in a grant scheme launched in September, and now to be extended for a year, to make homes and public buildings more energy efficient.

Greenpeace welcomed the package and the "landmark announcement" on vehicles.

The pressure group called the move "a historic turning point on climate action" that could "put the government back on track to meeting its climate commitments".

"It's a shame the prime minister remains fixated on other speculative solutions, such as nuclear and hydrogen from fossil fuels, that will not be taking us to zero emissions anytime soon, if ever," it added.


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DoorDash IPO filing shows growth surge in pandemic
Washington (AFP) Nov 13, 2020
DoorDash is on track to take in some $2 billion in revenue this year on growing demand during the pandemic, the food delivery startup said in its public share offering filing Friday. The California-based startup reported losses totaling $433 million in the first nine months of 2020 on revenues of $1.9 billion as sales more than tripled from the prior year. DoorDash was able to generate a profit in the second quarter of $23 million before slipping back to a loss of $43 million in the July-Septemb ... read more

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