This is so utterly mad that you cannot believe that anyone on this side of a secure mental ward could actually offer it as a serious suggestion.
But the biggest farce of all is the EU's blithe assumption that it can suggest policy that will take effect in forty years. At the current rate, the chances of it still being in existence in even four years is pretty remote. And even if it does last that long, I would not take any odds on it lasting ten years.
Between petrol cars and the EU, I would put my money on petrol.