Prime Minister Rishi Sunak has confirmed a ban on the sale of new petrol and diesel cars will be pushed from 2030 to 2035, as part of string of changes to UK net zero strategy
The prime minister reiterated his support for the UK's climate targets and described the net zero transition as "the greatest opportunity and biggest achievement of our lifetime" as he took an axe to a raft of climate policies this afternoon (20 September). In a press conference held at Number 10, Sunak confirmed reports the UK's phase out date for new internal combustion engine cars and vans would be pushed back five years to 2035, citing the need to give motorists more time to prepare for the change. 'Investors spooked': Rishi Sunak confirms speech on the future of UK's net zero pla...
To continue reading this article...
Join Investment Week
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes