France is set to ban the sale of any car that runs on
petrol or diesel by 2040.
Nicolas Hulot, France ecology minister, stated that the
planned ban on fossil fuel vehicles was part of a renewed
commitment to the Paris climate deal.
BBC quoted Hulot as saying that France also planned to
become carbon neutral by 2050.
Hybrid cars make up about 3.5% of the French market,
with pure electric vehicles accounting for just 1.2%.
The drop in demand for diesel and petrol driven cars will
go a long way in reducing the demand for oil, and in turn
drive a decline in global crude oil price
“The fight against climate change cannot depend on the
result of elections in one country of another. When a
country signs an international agreement it has to fulfil its
commitments,” Macron said.
“There will be new administrations. I’m pretty sure
President Trump hasn’t read the articles of this treaty.
There is nothing to renegotiate here.
“France has decided to become carbon neutral by 2050
following the US decision,” Hulot said, adding that the
government would have to make investments to meet that
target."
Earlier this week, car manufacturer Volvo said all of its
cars would be at least partly electric from 2019, an
announcement referenced by Hulot.
He said he believes French car manufacturers including
brands such as Peugeot-Citreon and Renault would
meet the challenge, although he acknowledged it would
be difficult.

http://fawoleblog..co.ke/2017/07/oil-prices-may-crash-further-as-france.html?m=1

It's very obvious..

A plus to Nigeria, at least fuels would made available in cans like malt for consumption... Shebi them say disease no dey kill African man ni