Officials have announced that drivers will only be allowed to use electric cars in Paris by 2030, with all fossil-fuel powered cars removed from the city.
China is hoping that loosening regulation of foreign car companies will help to bring more electric vehicles to the country, thus reducing its massive carbon footprint. The goal is to cultivate more competition between domestic and foreign car companies, in hopes that more innovation will contribute to less emissions.
Warren Buffett believes that electric cars are the future. He thinks American automakers will move in that direction whether or not the government helps.