Only electric cars to be sold in the UK by 2035

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BBC: The UK just gave the car industry 15 years to ditch fossil fuels

Article published: Feb 4, 2020

IB Economics syllabus: Microeconomics (market failure, externalities of consumption)

The UK government has decided to ban the sale of all new cars that burn fossil fuels by 2030 in a bid to reach net zero carbon emissions by 2050. Hence, this is a great topic for an Internal Assessment in Economics if you’d like to write about market failure. Do not foreget to evaluate the government response to it and also talk about the threat to sustainability.

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By EconDaddy IB Economics tutor|2022-01-12T14:43:49+00:00February 21st, 2020|Micro|Comments Off

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My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 8 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.