Over the past few weeks, governments have announced cuts of billions of euros that will affect millions of Europeans. But stepping up the EU's climate ambition could be a green way out of Europe's economic blues.
Green NGOs argue that with stronger climate targets, European governments could create hundreds of thousands of new green jobs, as supported by a recent European Commission report. Instead of wasting cash on foreign oil and gas, EU countries could save up to 40 billion by boosting renewables. Savings in pollution control and health costs would be worth between 6.5 billion and 11.5 billion.
Five out of seven European truckmakers will easily reach the -15% CO2 target in 2025 relative to 2019, the ICCT finds in a new analysis looking at off...
But the car lobby is demanding that the EU scrap rules that would better reflect PHEV pollution.
New EU data shows the importance of the planned correction of the 'utility factor' for plug-in hybrids.