CURRENT AFFAIRS

Detailed explanation-1: -Under the deal, carmakers will be required to reduce the emissions of new cars sold by 55 per cent in 2030, compared to 2021, before reaching a 100 per cent cut five years later. The European Parliament and member states must formally approve the agreement before it comes into force.

Detailed explanation-2: -Members of the European Parliament have voted to ban the sale of new petrol and diesel cars by 2035. The move aims to step up the fight against climate change through the faster development of electric vehicles.

Detailed explanation-3: -All new conventional petrol and diesel cars and vans are set to be banned from sale in the UK in 2030. New hybrids will be given a stay of execution until 2035, on the condition they are capable of covering a “significant distance” in zero-emission mode - a term which the Government has yet to define.

Detailed explanation-4: -Paris voted to ban petrol and diesel burning vehicles by 2030 to curb air pollution from fossil fuels, with France to stop selling fossil fuel cars by 2040. China, the world’s largest auto market, followed suit with a 2040 ban; countries setting similar targets include India, Britain and Norway.

Detailed explanation-5: -BRUSSELS, June 24 (Reuters) - Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the sale of new petrol and diesel cars from 2035 by five years, according to a document seen by Reuters.