Big oil will never die as they have the resources to reinvent them selves and are investing in to renewable energy. They sell fuel and energy, the source does not matter so long as there is a buck in it.
The death sentence for the use of fossil fuel my well come from the electric car and government legislation.
UK to follow France in banning petrol and diesel cars by 2040 – going all electric
After France announced earlier this month that it plans on banning new petrol and diesel cars by 2040, now the British government is about to announce similar measures this week.
The move is in reaction to increasingly poorer air quality in the country and especially in urban regions – like London.
Previous versions of the plan were believed to be too weak to have any impact, but the government has now reportedly updated it to include the ban by 2040.
It’s later than others’ goals, like Norway aiming for 2025, but those are just goals while France and UK seem to be actually talking about a government enforced “ban” on new car sales that are not “zero emission vehicles” like electric vehicles.
The UK recently started to think of more initiative to accelerate the deployment of electric cars, like the possibility to make gas stations install electric car chargers, which was introduced last month.
There’s already a £4,500 “plug-in grant” offered as a direct incentive to buy electric vehicles. It helped the country significantly increase its EV fleet, which now accounts for a record 4.2% share of new vehicles registered in the UK.
This new initiative that would ban petrol and diesel cars would also include the funding of the plug-in grant and other programs to facilitate the adoption of EVs in preparation for the ban.
The full plan is expected to be released in full later this week.
Questions are being raised
However the AA warned that the National Grid would be under pressure to “cope with a mass switch-on after the evening rush hour”, while Which? Car magazine warned that electric cars are currently more expensive and less practical.
According to a National Grid report, peak demand for electricity could add around 30 gigawatts to the current peak of 61GW – an increase of 50 per cent.
The extra electricity needed will be the equivalent of almost 10 times the total power output of the new Hinckley Point C nuclear power station being built in Somerset.
National Grid predicts Britain will become increasingly reliant on imported electricity, which will rise from around 10 per cent of total electricity to around one third, raising questions about energy security.
Diesel drivers on congested roads in towns and cities across the UK face new pollution taxes and could also be barred from travelling at rush hour.
Ministers have identified 81 major roads in 17 towns and cities where urgent action is required because they are in breach of EU emissions standards, putting people’s health at risk.
The air quality strategy urges local authorities to first try to reduce emissions by retrofitting the most polluting diesel vehicles, changing road layouts and removing speed humps.
However it concedes that as a last resort councils will be allowed to impose tough restrictions on the most polluting diesel vehicles as soon as 2020 to bring down the levels of harmful nitrogen dioxide emissions.
The strategy stops short of meeting the demands of motoring groups for a diesel scrappage scheme, under which diesel drivers would receive compensation for trading in their polluting vehicles.
It instead says that the Government will hold a consultation on a “possible” scrappage scheme in the autumn, which sources have suggested is likely to be “very, very targeted”.
The Government will also commit to banning the sale of all new diesel and petrol cars by 2040 in a bid to encourage people to switch to electric and hybrid vehicles.
Michael Gove, the Environment Secretary, is expected to warn local authorities against “unfairly penalising” drivers by imposing pollution taxes and other restrictions on diesel drivers.
Mr Gove suggested on Wednesday morning that more wind farms may be needed to meet the Government’s ambition.
Asked if there was no alternative to more wind farms and nuclear power energy stations, Mr Gove told the BBC Radio 4’s Today: “There is no alternative to embracing new technology.”
Told the Conservatives had a manifesto promise against more wind farms, Mr Gove said: “The Conservatives had a manifesto promise to ensure by 2050 there would be no diesel or petrol vehicles on our roads.”
The Government is concerned that motorists were encouraged to buy diesel vehicles under Labour more than a decade ago because of concerns at the time over carbon emissions.
Mr Gove has significantly stripped back previous plans which could have seen restrictions on diesel cars across entire city and town centres. He instead wants councils to focus on reducing emissions on specific roads.