Delaying the phase out of new combustion engine car sales will result in the UK producing more than 35 million tonnes of additional greenhouse gases between 2030 and 2050 – according to a new report from New AutoMotive.
Research from the transport research organisation reveals that these emissions are the equivalent to the entire UK population taking three short haul flights, and aren’t the only downside to the delay. Pushing the switchover back will also result in consumers needlessly paying between £6.5bn and 10bn extra to refuel inefficient petrol and diesel cars.
Go deeper with GlobalData
However, now drivers will pay an average of 15 to 25% more on fuel, approximately £6.5-10 billion, compared to what they would pay under the 2030 plan. We can also expect 400,000 more petrol and diesel vehicles to still be on our roads by 2050.
Restoring the 2030 date would reduce the UK’s demand for oil by an amount equal to all the additional supply which the UK expects to extract, refine and consume between now and 2050 under new North Sea licences.
The Government also anticipated that the 2030 switch would increase salaries in the manufacturing sector, drive significant UK export opportunities and lead to greater UK output and earnings. Since the pushback, these benefits have been dropped from Government analysis due to the UK’s “retreat into the herd”.
Ben Nelmes, CEO of New AutoMotive, said: “It’s great to see the government is putting a California-style zero emissions vehicle mandate into law, as New AutoMotive has been calling for for two years… The policy will cut costs for motorists and extend consumer choice – and by giving policy stability, it will support expansion of the charging network, grid resilience and more secure supply chains.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“Indecision and delay are the parents of failure – delaying the transition to electric cars and vans will deter consumers and disrupt business confidence. Rather than relying on miracle technologies or costly scrappage schemes to encourage owners to give up polluting vehicles, it would be cheaper and greener to reinstate the sensible and achievable target of ending sales of petrol and diesel cars by 2030.”
You can view New AutoMotive’s full report ‘Delays have dangerous ends’ here. This includes more data on impacts on consumers, businesses, the wider economy, and the environment.
