Plans to Ban Gasoline Vehicles Spread in Effort to Cut Emissions

TL;DR

Plans to Ban Gasoline Vehicles Spread in Effort to Cut EmissionsNew York State is joining California in banning all sales of new gasoline-powered vehicles by 2035 that politicians and environmental groups say will help speed up efforts to reduce greenhouse emissions and get more electric vehicles on the road.The regulations would establish annual targets for the share of zero-emission vehicles automakers must sell in the state, starting at 35% in 2026, ramping up to 68% by 2030, and 100% by 2035.TheStreet Recommends: Kathy Hochul: Meet New York State's First Female GovernorA typical passenger vehicle emits about 4.6 metric tons of carbon dioxide per year, according to the Environmental Protection Agency, so moving away from the internal combustion engine is a vital step in combatting climate change.Ford (F) earlier this month revealed its seventh-generation Mustang sports car that will very much contain lots of pistons and other moving parts that require oil, gasoline and sparks to make the wheels spin -- and make lots of noise and emit carbon emissions doing so.It also came on the same day President Joe Biden announced the first round of funding for an EV charging network across 35 states."

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