Tagged With fossil fuel industry

China has announced plans to end sales of all fossil fuel-powered cars. Bloomberg reports that Xin Guobin, vice-minister of the Industry and Information Technology Ministry, is finalising a timetable for ending production and sales of petrol-powered cars while stepping up incentives for hybrid and electric cars, though no exact deadline has been announced. China has long pushed for electric cars (called "New Energy Vehicles" in the country), introducing tax breaks for new buyers and planning 100,000 new charging stations in 2017 alone.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

China has announced plans to end sales of all fossil fuel-powered cars. Bloomberg reports that Xin Guobin, vice-minister of the Industry and Information Technology Ministry, is finalising a timetable for ending production and sales of petrol-powered cars while stepping up incentives for hybrid and electric cars, though no exact deadline has been announced. China has long pushed for electric cars (called "New Energy Vehicles" in the country), introducing tax breaks for new buyers and planning 100,000 new charging stations in 2017 alone.