CO2 regulations allow automaker to pool their emissions, which means that a manufacturer who does not meet his emission objectives can pay a car manufacturer who exceeds these targets. These transactions were particularly lucrative for Tesla – although its sales with the collapse caused by the narrow Musk association with Trump can make this provision less useful.
“We certainly do not want the money to go to the Chinese or Elon Musk,” said the deputy for Ep Peter Liese on the European People’s Party at a press conference on Wednesday. “It is more important that a few months ago – that we do not make the richest man in the world which terrorizes the rest of the world even richer.”
It is unlikely that it is the last fight to lock the automotive sector.
The broadcasting of emissions is part of a broader effort leading to the prohibition of the sale of new combustion engine cars by 2035. Several brands and conservative legislators and national governments want the prohibition to be reversed, or so well weakened to be meaningless.
The commission has already given ground, agreeing to go from the legislation before the end of this year instead of 2026, but there is pressure to go even further.
Before the ink on the CO2 amendment was dry, the lobbyists were already at work to undermine the legislation in 2035 and to ask for more.
“This measure should not overshadow the wider structural gaps in CO2 regulations, which affect the entire automotive sector,” said the Hall of the CLEPA automotive supplier in a press release according to the vote of the Parliament. “The current framework remains poorly aligned by the realities of the market.”
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