A report for the European Parliament’s environment committee says EU budget subsidies in transport, energy and other areas should be removed because they can be environmentally harmful.
[mailchimp_signup][/mailchimp_signup]The report specifically found subsidies for long-distance road transport can have a damaging effect. It did not consider indirect subsidies such as tax exemptions. Environmentally harmful subsidies are due to be discussed as part of negotiations on the next EU budget, which takes effect in 2013.
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.