The initiative by the EU transport commissioner Siim Kallas to increase the number of recharging and refuelling points for vehicles that run on alternative fuels has run into problems, with several transport ministers refusing to commit to spending the necessary money.
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Meeting earlier this month, several EU states objected to the amount of money needed to realise these goals by 2020 (€10 billion in total), particularly an obligation that 10% of charging points be ‘publicly accessible’. A spokesperson for the Irish presidency said there was a reluctance to spend large sums of money on a technology that was not proven and might become obsolete relatively quickly.
After declaring itself a ‘climate bank’, the EU investment bank still financed new roads and airport expansions.
T&E's analysis of gaps and opportunities for the European Investment Bank’s transport lending.
T&E has joined airlines, e-SAF producers and NGOs in highlighting the strategic role e-SAF can play in boosting European competitiveness, autonomy and...