Electric cars not the only avenue
Instead, IMechE is urging the Government to support a broad range of low-carbon technologies including hydrogen power, hybrids and biofuels. With this more diverse approach, cars that emit just 30g/km of CO2 could be a reality by 2050 – a figure which iMechE believes should replace the Government’s target of 100g/km of CO2 by 2020.
IMechE chief executive, Stephen Tetlow, said: 'We must look at a whole host of technologies to meet these targets. Unless investment is pursued in the report’s recommended areas, the consequences will be catastrophic.'
The report, Low Carbon Vehicles: Driving the UK's Transport Revolution, calls upon the Government to bring in a subsidy of £5000 for electric and hybrid cars as early as 2010 to make these vehicles more affordable to car buyers. It also calls on the Government to increase funding for 'green' initiatives from the current annual figure of £1 billion.