In what would be a world first, President Emmanuel Macron wants to phase out all oil and gas exploration and production in France and its overseas territories by 2040.
The 530 million total electric cars forecast to be on the road by 2040.
The country’s ambitious plans to stem climate change will be a challenge.
The plunging cost of wind and solar power mean they will provide a third of the world’s electricity in about 25 years, a leading analysis firm has predicted.
“There is no more business as usual in the energy sector. There are a number of low-carbon technologies about to achieve critical mass decades before some companies expect”, says James Leaton, head of research at Carbon Tracker.
The latest figures show that 52 percent of the country’s energy needs – including electricity, heating, and fuel – are met by renewables. This is the highest of any EU country.
Salt Lake City has committed to transition to 100% renewable energy sources by 2032, as well as reduce carbon emissions citywide by 80% by 2040.
