EU Nears Combustion Car Era's End as Italy May Drop Opposition
Comment of the Day

June 28 2022

Commentary by Eoin Treacy

EU Nears Combustion Car Era's End as Italy May Drop Opposition

This article from Bloomberg may be of interest to subscribers. Here is a section:

In an attempt to enable a compromise, Germany proposed adding in a non-binding part of the car emissions law a call on the commission to propose registering after 2035 vehicles running exclusively on carbon-neutral fuels. The addition is important to Germany and can be a bridge for the overall discussion, said Environment Minister Steffi Lemke. 

“We need a strong and fast CO2 reduction, but we need to keep openness on technologies,” she told the ministers. “We hope that this addition, which is important to the German government, hopefully this is agreeable and which can enable us to reach a joint acceptable solution.”

Eoin Treacy's view

As a major energy importer the EU has a clear incentive to reduce dependence on imported fuels. That’s well understood. The other side of that argument is Russia is clearly of the opinion that if the EU does not wish to buy its exports, it will find customers that do.

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