Thread regarding ExxonMobil Corp. layoffs

https://cars.usnews.com/cars-trucks/features/new-jersey-to-ban-new-gas-vehicle-sales-in-2035

New Jersey To Ban New Gas Vehicle Sales in 2035
New Jersey is the sixth state to announce a new gas vehicle sales ban.

By Chris Teague
Edited by Brian McHugh
Feb. 16, 2023, at 2:48 p.m.

Automakers have been very public with their intentions to move to electric vehicle production, and a few states have joined the action with upcoming gas vehicle bans. California, as usual, was the first mover, but New York, Washington, Oregon and others weren’t far behind. Now it’s New Jersey’s turn, as the Garden State recently announced a new gas vehicle sales ban starting in 2035.

New Jersey had previously targeted 2050 to reach 100% zero-emissions new vehicle sales but has since shortened the timeline. As part of the goal, 100% of the electricity for EVs must come from clean energy sources. The state currently gets about half of its electricity from burning natural gas, but Governor Phil Murphy said New Jersey would work with utility companies on a plan to reduce its reliance on fossil fuels.

The governor tweeted a graphic detailing the commitment, which includes a zero-carbon emissions target for home and business HVAC systems by 2030, and a plan to use $70 million of the state’s money to buy electric medium- and heavy-duty trucks.

Six states have now committed to zero-emissions vehicles by 2035, and the European Union recently announced its ban. All EU member countries will ban the sale of new gas and diesel vehicles by 2035, and the plan includes emissions reduction requirements for city buses and commercial vehicles like semi-trucks.

Electric vehicle charging infrastructure is already inadequate for the number of EVs on the road today, and is woefully unprepared for any significant growth in their numbers. To help improve the situation, the Biden Administration recently announced a plan to build a national network of 500,000 chargers along highways to encourage adoption.

The White House also worked with Tesla to open a portion of its Supercharger and Destination Charger network to outside EV brands, which will immediately add thousands of chargers in high-traffic locations.

@4era+1lcVB1H4

Did you get the memo?

https://europe.autonews.com/environmentemissions/europes-2035-ban-combustion-cars-approved-lawmakers
14 February 2023

European Parliament approves law to ban new combustion cars by 2035
The ban has global ramifications. As the world's largest trade bloc, the EU has a reputation for setting standards globally and is home to many some of the biggest car companies.

The European Parliament on Tuesday approved a law that will phase out combustion engine cars -- a move that will drastically reshape the bloc's auto industry.

The regulation will require that by 2035 automakers must achieve a 100 percent cut in CO2 emissions from new cars sold, which will make it impossible to sell new fossil fuel-powered vehicles in the 27-country bloc.

It also sets a 55 percent cut in CO2 emissions for new cars sold from 2030 versus 2021 levels, much higher than the existing target of a 37.5 percent. New vans must comply with a 100 percent CO2 cut by 2035, and a 50 percent cut by 2030, compared with 2021 levels.

The regulation was approved by the parliament with 340 votes in favor, 279 against and 21 abstentions.

Jan Huitema, the parliament's lead negotiator on the rules, said: "This regulation encourages the production of zero- and low-emission vehicles. It contains an ambitious revision of the targets for 2030 and a zero-emission target for 2035, which is crucial to reach climate neutrality by 2050."

The targets "create clarity for the car industry and stimulate innovation and investments for car manufacturer," Huitema added in a statement.

"Purchasing and driving zero-emission cars will become cheaper for consumers and a second-hand market will emerge more quickly. It makes sustainable driving accessible to everyone," he said.

EU countries agreed the deal with lawmakers last October, but still need to formally rubber stamp the rules before they can take effect. Final approval is expected by the European Council in March

The law met resistance from some industry and countries when it was proposed in July 2021. As a result, the final deal includes some flexibilities including that small automakers producing less than 10,000 vehicles a year can negotiate weaker targets until 2036.

The EU's plan has global ramifications. As the world's largest trade bloc, the EU has a reputation for setting standards globally and is home to many some of the biggest car manufacturers including Volkswagen and Mercedes-Benz.

In a sign of the change, Ford said on Tuesday it will cut about 3,800 jobs across Europe, with workers in Germany and the UK set to be the hardest hit. Ford is axing long-established combustion models including the Fiesta and Focus and plans to sell a smaller lineup of full-electric cars in Europe by 2030.

Most other automakers selling cars in Europe plan to become electric-only before the 2035 deadline,

VW brand boss Thomas Schaefer said last year that from 2033 the brand will only build full-electric cars in Europe

@OP

It won’t ban the sale of gasoline and/or diesel powered vehicles. The headline is sensationalist BS from a right-leaning business publication. What the EU actually voted to do was to implement stricter regulations on carbon emissions for personal automobiles.

The “effective ban” nonsense is designed to generate opposition to the regulatory framework, because automotive companies don’t want to pay the extra cost to comply. Instead, they’ll spend as much or more money on PR (like this article) to get people to think that the bureaucrats are coming for your pickup truck.

Modern society cannot survive without oil and gas. Electric cars would be impossible to produce without oil and gas.

Stop voting for ignorant green idealists that vote absolutely impossible ideas into law.

Wait until the ROW adopts the same European laws regarding gasoline and diesel powered vehicle new car and truck sales.

Only a handful of xom refineries remain in Europe... Mgmt knew they needed to dump them ASAP. More sales, even at discounts to come!

Good luck with that …..Europe will be in the Stone Age soon…..

Oil will still flow if the cheapest power source. It will fuel the power plants for those electric vehicles.

Our European refineries that are not integrated with petrochemicals just took a nosedive in long term value.