World Bank wants to end car sales to combat “climate change”
04/26/2022 / By Arsenio Toledo
The World Bank is suggesting an end to car sales as a way of combating the damage fossil fuel vehicles supposedly do to the environment.
On April 21, Nicholas Stern, one of the world’s most influential climate economists and former chief economist of the World Bank, claimed that ending the sale of vehicles with conventional internal combustion engines (ICE) might be a necessary action the world needs to take to combat climate change.
“The right kind of policies have to be put in place, including the abolition of fossil fuel subsidies, the advancement of carbon pricing, but clarity on timescales for decentralization of the grid, clarity on timescales for stopping the sale of internal combustion engine vehicles, and so on – making sure the sense of direction is clear in those ways,” said Stern.
Stern made these remarks during an annual spring meeting hosted by the World Bank Group and the International Monetary Fund.
https://www.climate.news/2022-04-26-world-bank-end-car-sales-climate-change.html#
