European member states agreed in December 2020 to an increased climate target for 2030 of -55% net emissions reductions. In July, the European Commission will propose an update of the EU’s key climate and energy legislation to turn that climate target into concrete policy.
This report by Cambridge Econometrics looks into the impact of an increase in ambition in the road transport and buildings sector on the European economy and on household purchasing power.
A lack of regulatory certainty is preventing most projects from moving beyond just the planning stage
EU 2035 reversal won't make carmakers great again
Extending the sales of combustion engines would divert investment from EVs while China races further ahead
Some car execs suggest a return to the combustion engine will restore Europe’s competitiveness. They couldn't be more wrong.