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This is Money Podcast

Will a diesel and petrol car ban work - and what are electric cars like?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1650 Ratings

🗓️ 28 July 2017

⏱️ 53 minutes

🧾️ Download transcript

Summary

Will a diesel and petrol car ban even work?

If you believe the Government, in 23 years’ time new diesel and petrol cars will be banned. From 2040 the future is electric.

But as these controversial plans were rolled out this week, the first question on many people’s lips was: where’s all that electricity going to come from?

Simon Lambert, Lee Boyce and Georgie Frost discuss the prospects for electric cars now that we’re all going to have to learn to drive in near silence.

They answer all the questions - with the help of Simon’s adventures in a top-of-the range electric Tesla:

Can the power supply and grid cope?

How long do electric cars take to charge?

What’s it like to drive an electric car?

Will carmakers deliver but the Government stuff it up?

And is the booming car industry about to bust?

Also on the show we look at how to build a pension if you’ve got to 45 and still don’t have any savings, what to do about Japanese knotweed and whether reading fiction can help you be a better investor.

And finally…

In one of the more intriguing questions This is Money has been sent recently by a reader – can you sue the council if it moves a school catchment area and harm’s your house’s value?

Enjoy. If you like the show also please subscribe at your favoured podcast outlet and leave us a review or like us on iTunes.

Transcript

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0:00.0

Welcome to This Is Money Show, your weekly roundup of the top personal finance, consumer and business stories that editor Simon Lambert and his team have been covering on their award-winning website. I'm your host, Georgie Frost. Here alongside Simon Nye is Consumer Affairs Editor Lee Boyce, and on the agenda today. Banned by 2040, the end of petrol and diesel is nigh.

0:23.3

As to the PPI of the house building industry, the government cleans up.

0:27.6

As young people are told to put aside 18% of their pay packet to have a decent retirement,

0:32.5

we give pensionless 40-something-year-olds a bit of hope.

0:36.3

We'll also answer a host of readers' questions,

0:38.2

including what are your rights if a primary school catchment area is moved? What can you do

0:43.1

about dreaded Japanese knotweed? Plus, how could we go a British summer without a chat about

0:48.6

hose pipes? And economics may seem like a work of fiction at times, but should students of the dismal science be reading more Keats than Keens,

0:57.4

Shakespeare than Smith?

0:59.1

All that and plenty more coming up and don't forget,

1:01.1

you can stay up to date with all the latest breaking money news.

1:03.6

Just go to this ismoney.com.uk.

1:05.4

Or download the app.

1:07.4

But first.

1:24.0

Yes, it sounds like the soon to be a thing of the past. If the government gets his way, they will.

1:29.8

This week we heard as part of the 3 billion clean air strategy to tackle air pollution that all sales of new diesel and petrol cars will be banned by 2040. It follows in the footsteps of the

1:35.9

French, but it's still a full 15 years behind Norway's plan to do the same by 2025. But with electric cars

1:43.2

accounting for less than 1% of new sales,

1:46.4

suggestions 10 new power stations will be needed to be built.

1:50.5

With a heck of a lot more charging points as well,

1:52.6

there's 23 years long enough.

1:54.7

And can the government afford the potential loss of billions in fuel duty revenue?

...

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