T&E's briefing outlines why promoting synthetic fuels under the cars CO₂ standard regulation is a bad idea.
With the review of the EU CO₂ emissions standards for cars and vans scheduled for June 2021, some, notably the oil and gas industry and automotive suppliers, are advocating adding CO₂ credits for advanced biofuels and synthetic fuels into the vehicle standards. T&E’s new analysis shows why this is not credible – either from an environmental nor from an economic point of view.
But going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs.
A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.
In many markets European carmakers are falling behind Chinese EV manufacturers as they have little to offer to aspiring drivers in the Global South ri...