Car repair and parts shops are one of the biggest employers in Britain, accounting for more than half of the jobs in the country.
But the UK is set to be the first country in Europe to close them down by the end of 2020.
This comes amid warnings that the car industry is being forced to close as part of an ambitious plan to tackle climate change.
A new study from a leading consultancy suggests that Britain will be unable to meet its emissions targets by 2020 and will be forced to take drastic measures to combat climate change, such as shutting down shop.
“Britain has been a leader in cutting carbon pollution for decades and it has now become clear that we have reached the limits of the technology available to us,” said John Dyson, CEO of the consultancy Carbon Tracker.
“Carbon pollution is being absorbed and it is getting worse, so we need to think about the consequences and what we can do to stop it.”
The report found that by 2020, the UK would need to cut greenhouse gas emissions by almost 40 per cent compared with the 2020 emissions levels set out in the EU, if we are to meet the climate change commitments of the Paris climate agreement.
The research shows that by 2050, the country will be required to reduce emissions by more than 1,000 tonnes a day, a move that would be equivalent to shutting down nearly half of all UK car repair and maintenance shops, as well as a fifth of all car dealerships.
But the biggest impact on the economy would be on the public finances.
Carbon Tracker said that by 2030, Britain would have to spend more than £6 billion ($8.7 billion) to maintain its current climate commitments, while the country would also have to pay more than $20 billion ($28 billion) for the impact of climate change on the country’s public finances in the years to come.
Dyson said that the report showed that climate change is already having a huge impact on Britain.
“We know that the carbon intensity of UK production and consumption is currently more than double that of the UK as a whole,” he said.
He added: “The UK economy is already on track to become the biggest economy in the world in 2030 and the country has the largest carbon footprint of any of the countries in the OECD.”
If we continue to push ahead with our ambitious plans to tackle global warming, we will be in a much better position to meet our obligations to our citizens and the climate.
“Carburetors have already begun to look to the car sector for solutions to the looming climate crisis, as they seek to adapt to a world where the cost of emissions has increased to a point that even petrol stations are struggling to survive.
According to a new report by the UK’s biggest carbon trading company Carbon Tracker, there are now more than 40,000 carbon emissions trading schemes, of which the most popular are carbon capture and storage, carbon capture, and energy efficiency.
In addition, the company found that more than 30,000 small and medium-sized businesses have started carbon capture systems, which would be able to capture carbon dioxide from vehicles and sell it for profit.
Meanwhile, many car makers are seeking to reduce their carbon footprints as they attempt to compete in a world of electric vehicles, which are increasingly cheaper than petrol-powered cars.
At the moment, there is an average carbon dioxide emissions per vehicle in the UK of just 1,900kg, according to Carbon Tracker’s latest report.
However, the car manufacturers are already seeing an impact on their business models as more people opt for electric vehicles.
And according to a report by consultancy EY, car-related emissions have increased by 5 per cent in the past five years, with nearly half the growth coming from China.
It is estimated that China alone is responsible for half of UK carbon emissions and that its emissions are growing by a staggering 3.7 per cent a year.
EY’s report, which is being published by Carbon Tracker on Tuesday, comes as the world struggles to tackle a climate crisis caused by human activities, particularly carbon emissions from the burning of fossil fuels.
British Prime Minister David Cameron has said that climate action is the only way to avoid the worst effects of climate disruption, and he has pledged to spend £20 billion a year to tackle carbon emissions.
Cameron has also pledged to set up a climate commission and the UK will take up the EU’s CO2 emissions trading scheme in December 2020.
Britain is also set to join the European Union’s ambitious climate change deal with the US, but its carbon emissions are expected to continue to rise.
While there are many steps the UK can take to mitigate the climate crisis it is also expected that some car owners will continue to be unable afford to repair their vehicles due to a lack of finance.