Improving the efficiency of cars and increasing the number of zero emissions vehicles on the road will lead to a larger economy.
The report, compiled by Cambridge Econometrics and Element Energy for the European Climate Foundation, set out to evaluate the impact that the transition to low-carbon emission vehicles would have on the Spanish economy, highlighting the challenges and opportunities involved.
Europe must stand firm over its future targets for carmakers as it cannot afford to fall further behind China.
The decision to create a Europe-wide carbon price was right but creates significant political risk. The good news is it can still be fixed.
It's about time the EU requires parts of key products to be made locally – and nowhere is this more urgent than in the battery sector.