• 29 mins US Orion To Develop Gas Field In Iraq
  • 3 days U.S. On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World
  • 3 days Senior Interior Dept. Official Says Florida Still On Trump’s Draft Drilling Plan
  • 3 days Schlumberger Optimistic In 2018 For Oilfield Services Businesses
  • 3 days Only 1/3 Of Oil Patch Jobs To Return To Canada After Downturn Ends
  • 3 days Statoil, YPF Finalize Joint Vaca Muerta Development Deal
  • 3 days TransCanada Boasts Long-Term Commitments For Keystone XL
  • 3 days Nigeria Files Suit Against JP Morgan Over Oil Field Sale
  • 3 days Chinese Oil Ships Found Violating UN Sanctions On North Korea
  • 4 days Oil Slick From Iranian Tanker Explosion Is Now The Size Of Paris
  • 4 days Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 4 days Venezuelan Output Drops To 28-Year Low In 2017
  • 4 days OPEC Revises Up Non-OPEC Production Estimates For 2018
  • 4 days Iraq Ready To Sign Deal With BP For Kirkuk Fields
  • 4 days Kinder Morgan Delays Trans Mountain Launch Again
  • 4 days Shell Inks Another Solar Deal
  • 5 days API Reports Seventh Large Crude Draw In Seven Weeks
  • 5 days Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
  • 5 days EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
  • 5 days IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
  • 5 days Minister Says Norway Must Prepare For Arctic Oil Race With Russia
  • 5 days Eight Years Late—UK Hinkley Point C To Be In Service By 2025
  • 5 days Sunk Iranian Oil Tanker Leave Behind Two Slicks
  • 5 days Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
  • 5 days WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
  • 6 days Norway Grants Record 75 New Offshore Exploration Leases
  • 6 days China’s Growing Appetite For Renewables
  • 6 days Chevron To Resume Drilling In Kurdistan
  • 6 days India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round
  • 6 days India’s Reliance Boosts Export Refinery Capacity By 30%
  • 6 days Nigeria Among Worst Performers In Electricity Supply
  • 6 days ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 7 days Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 7 days Saudis To Award Nuclear Power Contracts In December
  • 7 days Shell Approves Its First North Sea Oil Project In Six Years
  • 7 days China Unlikely To Maintain Record Oil Product Exports
  • 7 days Australia Solar Power Additions Hit Record In 2017
  • 7 days Morocco Prepares $4.6B Gas Project Tender
  • 7 days Iranian Oil Tanker Sinks After Second Explosion
  • 10 days Russia To Discuss Possible Exit From OPEC Deal

Breaking News:

US Orion To Develop Gas Field In Iraq

Alt Text

The New Natural Resources Fueling The Green Revolution

The renewable energy revolution is…

Alt Text

Saudi Arabia Looks To Test EVs In Harsh Climate

Saudi Arabia’s state-owned electricity company…

Jon LeSage

Jon LeSage

Jon LeSage is a California-based journalist covering clean vehicles, alternative energy, and economic and regulatory trends shaping the automotive, transportation, and mobility sectors.

More Info

Aston Martin CEO: UK Fossil Fuel Ban “Meaningless”

EV

British performance carmaker Aston Martin’s chief sees his country taking a very unrealistic approach to dealing with air pollution.

The UK government’s July announcement that it will be banning the sale of petrol- and diesel-powered vehicles by 2040 is “meaningless” to Aston Martin CEO Andy Palmer.

Government officials are certainly not automotive engineers and are missing the mark, he said.

“Policy makers should not try to be engineers,” Palmer said. His conclusion was that the July announcement banning fossil fuel vehicles by 2040 was “just spin” and doesn’t stand a chance of being achieved.

China is now becoming one of four countries joining the UK in stopping fossil-fuel powered vehicles on its roads, along with France and Norway. Xin Guobin, the country’s vice minister of industry and information technology, announced in a speech earlier this month that regulators are working on a timeline for phasing out the sales and production of the gasoline- and diesel-powered vehicles.

Other countries central to the global auto market are considering heading toward an eventual phase-out of petroleum-powered cars through government incentives and mandates. It’s a big job – with about 695,000 of 84 million new vehicles sold last year being electric; and with about a billon gasoline and diesel vehicles out on roads across the world now.

Related: Failed Oil Price Recovery Slams Energy Stocks

These regulators are getting their wires crossed with national mandates, Palmer said.

“In my view as an engineer, it’s better to prescribe the emission, and then let the engineers figure out what the right technology is,” he said.

Palmer thinks the technology is already there with fuel efficient gasoline engine vehicles. He made reference to Formula 1 racers in development that can already double their previous fuel economy.

Hybrid vehicles can confuse the issue.

“If you take today’s engine and you simply slap a hybrid on, you end up more or less in the same place,” he said.

Understanding the end result and how the technology and fuel work is essential to making realistic government policies, he said.

“Are we trying to solve clean air? In this case, ban diesels. Or are we trying to solve CO2? In this case, you need to use less fossil fuel. The two are different. And a lot of the dialogue right now is mixing those messages,” Palmer said.

Palmer does take alternative vehicle technologies very seriously.

Prior to heading Aston Martin in 2014, he’d been chief planning officer and executive vice president at Nissan Motor Co. Palmer was considered to be a champion of the Nissan Leaf, the very first mass market plug-in electric vehicle along with the Chevrolet Volt.

One of his more visible periods was facing angry Nissan Leaf owners in town-hall meetings who’d had their Leaf battery packs degraded by extreme weather conditions, such as 120-degree heat in Arizona. Palmer committed to lead improvements to the Leaf battery, which did take place.

Palmer recently said in an interview that all new Aston Martin vehicles will be hybridized by somewhere near 2025. By 2030, he expects sales to be 25% all-electric vehicles and the remainder hybrid vehicles. The upcoming all-electric RapidE will be the first of its electric vehicle offerings.

The company will continue making gasoline V12 engines, which are at the heart of their performance.

The Aston Martin chief sees heavy-duty trucks being another major barrier for fossil fuel bans to work. They’ll need to be electric trucks, but their powertrains probably won’t have access to the battery packs needed to keep these trucks on roads for long distances, he said.

Related: Expect A Major Leap In U.S. Oil Exports

That would block Tesla from its big plan to roll out electric semi-trucks. The electric carmaker has scheduled a product announcement next month on its plans for launching electric trucks.

Aston Martin is embracing alternative technologies for their performance gains and emissions reductions, but it has to be a profitable strategy for the company’s executives.

Palmer led his company to its first half-year profit in a decade during the first six months of this year.

New vehicle launches like the DB11 model and the upcoming all-electric RapidE are central to the company’s strategy to roll out more high performance, advanced technology vehicles. That’s considered central to rebuilding Aston Martin’s image as a leading luxury, performance carmaker.

By Jon LeSage for Oilprice.com

More Top Reads From Oilprice.com:




Back to homepage


Leave a comment
  • TM on September 26 2017 said:
    Wishful thinking in its purest form, but no surprise coming from the CEO of a brand whose main competitive advantage depends on the ICE technology. The problem with setting an emission standard and let the engineers decide is clear: they will cheat (for more info. on this topic, please search "Volkswagen " and "Dieselgate" on the web ;))
  • snoopyloopy on September 26 2017 said:
    The only bans that are worth questioning are the ones for 2025. By 2030 (or later), the market will obsolete ICE options for all but a very select few vehicle offerings. This includes heavy-duty applications such as buses and trucks.
  • Nick Wilson on September 26 2017 said:
    Hybrid approach ideally with plug in component seems like a better bet. For heavy trucks and buses would be better to look at conversion to natural gas which is much cleaner than diesel (50% drop in NOX and virtually no particulates)
  • Peter on September 26 2017 said:
    These so called bans on ICE vehicles are meaningless. The people who make the bold "commitments" will be long out of power by 2040.
  • Heres a target on September 26 2017 said:
    Zero net emissions from cars and electricity source.
    Evs with solar or wind energy. Clearly solar pv in all homes and workplaces will assist.
    And is the cheapest energy source anyhow... now in any sunny or windy country, and within 10 yrs for all other country.
  • Citizen Oil on October 03 2017 said:
    Just as we are perfecting the ICE we decide to ban it. That is absolutely ridiculous. The real problem , and one that governments will never mention is overpopulation. Let the population dwindle from 7+ billion to 2 billion and it solves most of your problems. But of course we are like a virus and relay on growth for our economy. Like a virus we will eventually kill ourselves and the host, mother Earth.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News