Cummins Strives To Meet The Challenge Of A Complex Energy Transition
ForbesAPR 2022
While any fossil fuel ban enshrined into law is better than no law at all, the 2035 rule is too late if Europe wants to abide by the Paris agreement and actually halt climate change. In order to do so, all cars should be electric by 2028. This would not only help prevent the Earth from warming more than 1.5°C but also save Europeans hundreds of millions of euros in fuel costs.
The EU's zero-emissions vehicle push isn't just likely to lead to job cuts; it definitely will. Car manufacturers are already planning on cutting jobs across the continent to meet EV goals, with Ford recently announcing plans to eliminate 3.8k positions in Europe. Moreover, these are skilled engineering jobs, but company executives say that as they switch from combustion engines to EV production, these skills will become obsolete.