The Paris Climate Agreement and more recent COP26 or Glasgow Climate Pact allowed nearly 200 countries to negotiate possible actions to substantially reduce harmful emissions, leading to many pledging a ban on fossil fuel vehicle sales before or by 2040.
Here’s what countries like Norway, China, and the US are doing to reduce emissions and how things are looking for future fossil fuel vehicle sales for MY citizens like you and me.
Climate change should be a well-versed concept with most global citizens by now, posing an existential threat to human existence due to harmful man-made emissions, subsequent planetary warming, and other disastrous consequences. With harmful emissions increasing annually, reducing greenhouse gas emissions has become a global priority.
Three experts in the fields of economics and business administration have weighed in on whether banning ICE (Internal Combustion Engines )vehicles is beneficial and feasible.
Andrew Yates, professor at Chapel Hill, Stephen Holland, professor at the University of North Carolina, and Andrew Mansur, professor at Dartmouth College, agree that banning ICE vehicles will have significant climate-related benefits. However, the current solution, primarily EVs, could be a viable substitution to keep the global economy going.
With the three experts agreeing that EV (Electric Vehicles) vehicles have high positive transformative potential, they conclude that banning fossil fuel vehicles will be beneficial as long as the benefits and costs for this transition are carefully balanced.
The first thing you need to know about fossil fuel vehicles is how they are powered and what keeps them moving. Fossil fuel vehicles use internal combustion engines that require petrol, diesel, or kerosene and are also known as ICE vehicles.
While there are some concerning after-effects to using fossil fuel cars, there are also some thought-provoking pros, so let’s unpack the good and the bad of fossil fuel cars:
Passenger vehicles like cars and buses make out the majority of fossil fuel vehicles on the road today. Popular cars on Malaysian Roads include pickup trucks, SUVs, hatchbacks, taxis, and buses. These means of transport primarily depend on fossil fuels, which need to be replaced with a cleaner and more sustainable energy source.
While there is a whole list of countries banning fossil fuel vehicles, some of them plan to make it happen sooner rather than later. Countries like Britain, Israel and Singapore, for example, all have matching goals of banning ICE vehicle sales by 2030, with other countries across the globe making plans with a similar sense of urgency.
With a consensus between left and right-leaning political parties established, Norway is all set to switch to a full-EV mode in 2025. A quarter of all vehicles in this small European country already consist of EVs, making the year 2025 that much more attainable.
Apart from a decent percentage of EVs as part of Norway’s overall vehicle count, residents also like to travel via bicycle, and the country is currently one of the most bicycle-friendly countries in the world — further contributing to the country’s promising attempt to minimise its carbon footprint.
With its power grid under pressure due to a drastic decrease in gas supply from Russia, Europe is facing blackouts if citizens don’t make an urgent effort to limit their energy usage. While these blackouts threaten the EU’s plans to ban fossil fuel vehicle sales, the need for increased sustainability is making them stick to their decision with only a minor change.
EU legislators successfully voted to ban sales of ICE vehicles by 2035, with the legislation subsequently approved by the EU parliament. However, Germany caused a setback by changing its stance to still-approved sales of ICE vehicles beyond the agreed deadline, as long as these vehicles run on synthetic fuels.
This happened before the final vote, complicating things. According to a Twitter statement by German transport minister Volker Wissing, the final agreement is that ICE vehicles can still be registered post-2035 if these vehicles exclusively run on CO2-neutral fuels.
China is experiencing a significant increase in EV vehicle sales, and the country plans to reduce ICE car sales to only 50% by 2035. The other 50% of new car sales will be EVs, hybrids, or fuel-cell vehicles.
As a country that covers a vast stretch of land with a centuries-cold urban design that makes most residents wholly reliant on vehicles, phasing out ICE cars by 2035 will be challenging. Luckily, the US is ready to take on this mission on a State-by-State basis, with large states like California already mandating a 35% EV sales increase of its total car sales by 2026 with its Advanced Clean Car II Regulations.
Here’s what’s in store for Malaysia
While Malaysia has yet to plan for a concrete ICE ban, in its 2022 annual report, Bank Negara Malaysia said that Malaysia targets to become a net zero greenhouse gas emissions nation as early as 2050. Achieving this goal will undoubtedly require a dramatic reduction in ICE vehicles on the road, as the majority of transport emissions in MY are from road-based transport.
With EVs becoming more affordable as technological developments progress, the preferred use of EV vehicles is starting to look like a reality for MY motorists and companies.
Doing a complete EV transition may not be viable for many companies. However, a gradual change from ICE vehicles to EVs still helps your company contribute to a greener future.
Cartrack’s sophisticated fleet management system allows you to:
The healthier your vehicles, the more sustainable your fleet, so don’t let defective combustion, poor vehicle health, and dysfunctional motor parts stand in your way of achieving a greener, more sustainable fleet.
Whether you own a personal vehicle or manage an entire fleet, Cartrack is your partner in building a greener, more sustainable future. Contact us today!
