Search
Close this search box.

At World Bank Climate Talk, Nicholas Stern Floats End of Conventional Vehicles Sales: Urges ‘clarity on timescales for stopping the sale of internal combustion engine vehicles’

https://www.theepochtimes.com/at-world-bank-climate-talk-speaker-floats-end-of-conventional-vehicle-sales_4419714.html

By Nathan Worcester

Excerpts:

In remarks to the World Bank’s “Financing Climate Action” event on April 21, Baron Nicholas Stern, one of the world’s most influential climate economists, spoke about what he sees as necessary global actions on climate change, including on the sale of conventional internal combustion engine (ICE) vehicles.

“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, who served as chief economist for the World Bank from 2000 through 2003. …

Stern was also asked about Russia’s invasion of Ukraine, which has contributed to rising energy prices in the United States and around the world.

“The right thing to do is to move away faster and harder from fossil fuels,” he said, later adding that making that move entails “much bigger capacity for electricity.”

#

Related:

https://twitter.com/BernieSpofforth/status/1560934032254410758

Owning a car is outdated ’20th-century thinking’ & we must move to ‘shared mobility’ to cut carbon emissions, UK transport minister says

World Bank concludes Stern report is climate rubbish: ‘The hypothesized damages quoted by Lord Stern are completely inconsistent with empirical evidence’

Shame Deepens: Stern Report ‘was changed after being published…information was quietly removed from influential govt report…because supporting scientific evidence could not be found’

UK’s Lord Stern committing academic fraud? ‘More Quiet Post-Publication Changes to the Stern Report’ – ‘A whitewash of the historical record’

Share: