LTR 2.99% 65.0¢ liontown resources limited

BRUSSELS, Oct 27 (Reuters) - The European Union struck a deal on...

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    BRUSSELS, Oct 27 (Reuters) - The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to electric vehicles and combat climate change.

    Negotiators from the EU countries and the European Parliament, who must both approve new EU laws, as well as the European Commission, which drafts new laws, agreed that carmakers must achieve a 100% cut in CO2 emissions by 2035, which would make it impossible to sell new fossil fuel-powered vehicles in the 27-country bloc.
 
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