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.
Europe must stand firm over its future targets for carmakers as it cannot afford to fall further behind China.
The decision to create a Europe-wide carbon price was right but creates significant political risk. The good news is it can still be fixed.
It's about time the EU requires parts of key products to be made locally – and nowhere is this more urgent than in the battery sector.