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EU spending €1 billion a day on oil imports as leaders backtrack on efficient cars

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For the first time in history European Union member states are spending over €1 billion every day on imported oil, four times more than in 2003 and smashing all previous records, according to analysis by Transport and Environment (T&E).

Europe should reject France and Germany's 'disastrous' car CO2 pact

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German chancellor Angela Merkel emerged victorious from negotiations with her French counterpart Nicolas Sarkozy earlier this month on an agreement that could severely weaken the upcoming car CO2 law. T&E is calling on the other EU member states to reject the deal.