T&E rebuttal of the German study by FlickGocke Schaumburg & Frontier Economics Crediting system for renewable fuels in the EU emission standards for road transport.
Adding credits for advanced and synthetic fuels into the EU vehicle CO2 standards has been suggested by the oil and gas industry for a number of years now. With the review of the standards expected in mid-2021, the push has intensified, including a new study commissioned by the German economic ministry. This short paper highlights the shortcomings of the study, showing this to be a futile, costly and ineffective regulatory approach.
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.