Eye-popping new data just out for UK car sales in Sep20
⚡️ new record for BEVs, up 3x in a yr & 7x since 2016
🔌 >10% of cars now come with a plug
⛽️ just 2/3 are conventional cars (cf 98% in 2015)
🚗 overall sales down ~40% since 2017 peak
More than 10% of UK new car sales now come with a plug ie pure EVs or plug-in hybrids
With the rise of hybrids, now at a record 21% of sales, that means only ~2/3 of new cars sold in the UK today are conventional petrol or diesel, down from around 98% just five years ago (!)
Remarkably, diesels now make up just 14% of UK new car sales, down from around 50% in 2015
Overall UK car sales are also at their lowest level for (probably*) at least a couple of decades
Monthly avg sales are down ~40% since a peak in 2017
(Obviously a lot of that is Covid but sales were falling already)
* SMMT says Sep 2020 was lowest for the month since 1999
UK pure EV sales are up 664% since 2016 and diesels are down 75% over the same period
Now, sure, EV sales are still much lower than conventional cars, but given the pace of change it's pretty clear which way things are going
(chart shows 12-mth rolling avg monthly sales, so ~7,000 for BEVs vs 22,000 sold in September)
Also 'interesting' to note that BEIS had updated its cost estimates in 2018 & 2019, but never published the results despite many many questions in parliament…
What the EU recovery plan means for climate
…& what it doesn't
THREAD
💶€750b recovery plan + €1.1t budget
💶30% earmarked for climate (no detail)
👩🏭"Just transition fund" cut (+weaker conditions)
🎯New 2030 goal by year end
🚢Carbon border tax from 2023?
📈EUETS to expand?
Link is to the 68pp deal, agreed among 27 EU member state govts at "European Council", and due to be signed off by European Parliament on Thursday (so some details could change, but prob not headlines - HT @LindaCulture )