The European Union relies on foreign companies to supply 80% of its oil imports, according to a new study on the continent’s oil dependency. Russian firms supply more than one-third (36%) of imported crude, and just two of the top 10 oil suppliers to the EU are European – Shell and Norway’s Statoil.
Europe is falling behind in the race to make the most of the electromobility revolution. That is the conclusion from news that the EU is trailing China in investment in e-vehicles, coupled with a T&E report that shows European carmakers are failing to meet their own EV sales targets because of poor marketing and availability of cars for consumers.
The supply of electric vehicles to the British market could dry up when the UK leaves the EU, according to a new study by T&E. This is because sales of electric cars in a post-Brexit British market will not count towards a carmaker’s EU CO2 targets. The study also suggests up to 6,700 British automotive workers could lose their jobs in the event of a ‘hard Brexit’.
An action plan to drive the production, reuse and recycling of lithium-ion batteries in the EU has been published by the European Commission. T&E has welcomed the strategy, but says parallel measures to ensure carmakers sell a minimum number of electric vehicles are needed if Europe is to make the most out of the economic potential of electric cars.
Efforts to tackle air pollution caused by diesel cars are moving the problem east rather than solving it. That is the conclusion of an analysis by T&E to coincide with Bulgaria’s presidency of the EU. Another T&E report suggests that efforts to clean up the air in western European cities are less effective than they should be because decisions on restricting certain car types are not based on real-world emissions.
Europe’s chief negotiator on the UK’s exit from the EU has insisted that Britain must agree to abide by EU environmental rules if it wants access to the internal market. Speaking at a special debate organised by the Group of 10 leading Brussels-based environmental groups (G10) earlier this month, Michel Barnier said the UK must agree to a ‘non-regression clause’ being included in its post-Brexit trade agreement with the 27-member bloc.
The UK cannot enjoy its current access to the EU air transport market after it leaves the EU unless it also commits to respecting EU aviation rules, a new report by T&E says. The report examines how to safeguard efforts to reduce the environmental impact of aviation after ‘Brexit’, and concludes that everyone stands to benefit if the British government adheres to EU rules on emissions trading and state aid.
The French president has reiterated his call for a European carbon tax on the EU’s borders to guarantee fair competition for companies taking action to reduce their climate impact. The idea – which featured in T&E’s report, Can trade and investment policy support ambitious climate action?, last month – has been gathering momentum and was previously endorsed by IMF chief Christine Lagarde and Nobel-winning economist Paul Krugman.
An enforceable set of sustainable development requirements should be written into all free trade agreements that the EU concludes. That is the recommendation from a paper by T&E which draws on research conducted two years ago when discussions on the ‘TTIP’ EU-US trade deal were at their height.