European Union lawmakers and member countries reached a deal to ban the sale of new gasoline and diesel cars and vans by 2035. It would effectively prohibit the sale of new cars and vans powered by gasoline or diesel in the 27-nation bloc. The deal EU between negotiators was made on October 27and is the first agreement of the bloc's “Fit for 55" package, which the bloc's European Commission set up to achieve the goal of cutting greenhouse gas emissions by 55% over this decade. Under the deal, carmakers are required to reduce the emissions of new cars sold by 55% in 2030 compared to 2021, leading to a 100% cut five years later. The European Parliament and member states must formally approve the agreement before it is put into action.