UK to Ban Sales of New Gasoline <br />and Diesel Cars by 2030.<br />The U.K. initially planned to ban the sale of new cars<br />that run on only gasoline or diesel by 2035. .<br />On Wednesday, the U.K. government<br />announced plans to move up the timeline.<br />Now, the sale of fossil fuel-powered<br />cars will end five years earlier in 2030. .<br />The sale of new hybrid vehicles, which run<br />on both fossil fuels and electricity, will still<br />be allowed to continue until 2035. .<br />To accelerate the sales of cleaner vehicles<br />in the U.K., the government plans to spend $1.7 billion<br />on charging points for electric vehicles. .<br />$664 million will go towards the development<br />and production of batteries for electric cars. .<br />$773 million in subsidies will make ultra-low and<br />zero emission vehicles more affordable to purchase. .<br />The ban and subsequent funding is a part<br />of a broader “green industrial revolution” <br />announced by Prime Minister Boris Johnson. .<br />The blueprint includes $16 billion<br />in government investments.<br />The U.K. government is hopeful that the<br />private sector will contribute more than $48 billion.<br />The United Kingdom is looking to the future<br />and seizing the opportunity to build back<br />greener … The recovery of our planet and of our<br />economies can and must go hand-in-hand, Boris Johnson, via CNN