· 2 min read
illuminem summarizes for you the essential news of the day. Read the full piece on POLITICO or enjoy below:
🗞️ Driving the news: The European Commission will revise how automotive emission targets are calculated, averaging them over three years (2025-2027) instead of just 2025 (See sustainability performance green tech companies like Volkswagen and General Motors)
• This change will make it easier for carmakers to meet targets without incurring heavy fines
• The amendment is part of a broader plan to support the struggling auto industry
🔭 The context: Current EU regulations require a 15% reduction in emissions from 2021 levels by 2025, with fines of €95 per excess gram of CO₂ per vehicle
• Automakers warned this could lead to €15 billion in penalties
• The amendment, backed by the European People’s Party, still needs approval from the European Parliament and Council
🌍 Why it matters for the planet: Environmental groups argue that weakening emissions rules delays the shift to cleaner transport
• Critics warn that Europe risks falling behind China in electric vehicle (EV) innovation
• Meanwhile, discussions continue on whether biofuels and e-fuels should be included in future regulations
⏭️ What's next: The Commission will fast-track the amendment later this month
• A broader automotive action plan, including EV demand stimulation and EU battery sector development, will be unveiled Wednesday
• A review of the 2035 combustion engine phase-out law may be accelerated to 2025
💬 One quote: "Weakening the EU clean car rules rewards laggards and does little for Europe’s car industry except to leave it further behind China on electric vehicles." — William Todts, Transport & Environment Executive Director
📈 One stat: Up to €15 billion in potential fines could have hit automakers under the original 2025 emissions targets
See here detailed sustainability performance green tech companies like Volkswagen and General Motors
Click for more news covering the latest on public governance and electric vehicles
