A new T&E briefing sets out how targeted support can help middle and low-income households to access EVs.
This briefing argues that social leasing is an ideal measure to support the low and medium income drivers who will be most affected by the likely increase in fuel price linked to the EU emissions trading system (ETS2). In it, T&E recommends that EU member states incorporate social leasing in their national Social Climate Plans and finance them with their broader national ETS2 revenues.
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.