Latest news with #CO2emissions
Auto Car
4 days ago
- Automotive
- Auto Car
"Have we gone too far?" Dacia boss says cars must get smaller
Close 'It's ridiculous to buy a C-segment car just to take to school or the supermarket. You're using tonnes of metal and lots of screens just to go to Tesco. It's fair and intelligent to ask: 'Have we gone too far?'' Dacia CEO Denis Le Vot certainly thinks so, as does his boss, Renault Group CEO Luca de Meo, along with de Meo's counterpart at rival firm Stellantis, executive chairman John Elkann. De Meo and Elkann recently joined forces to call on European legislators to move away from EV mandates and instead focus on an overall reduction of CO2 emissions.
Tahawul Tech
12-05-2025
- Business
- Tahawul Tech
cloud technology Archives
Increasingly 'smart' datacentres will lead to savings of over a billion metric tons of CO2 emissions over the next four years, IDC said. When the numbers are so large and the stakes are so high, CIOs and other executives will do well to take notice.
E&E News
12-05-2025
- Automotive
- E&E News
How carmakers fought EU emission rules and won
BRUSSELS — In a case of remarkably successful special pleading, Europe's car industry has succeeded in watering down potentially very costly EU rules on CO2 emissions. The effort was approved by the European Parliament on Thursday. It's yet another sign that the EU's green efforts are running into growing resistance. The original idea had been to require European car manufacturers to reduce carbon emissions by 15 percent by 2025 compared to a 2021 baseline. Carmakers failing to hit the target would have to pay €95 for every gram of CO2 emitted above the limit per kilometer per noncompliant vehicle sold. Advertisement The industry warned that could amount to an eye-watering €15 billion in fines.
Reuters
10-05-2025
- Automotive
- Reuters
Sustainable Switch Climate Focus: EU softens car emissions targets
This is an excerpt of the Sustainable Switch Climate Focus newsletter, where we make sense of companies and governments grappling with climate change on Fridays. To receive the full newsletter in your inbox for free sign up here. Hello! After focusing on the myriad environment, social and governance rollbacks in the United States this week, today's newsletter turns its attention to Europe. This week, the European Parliament gave its backing to soften its EU CO2 emissions targets for cars and vans and reduce potential fines for automakers. Following heavy lobbying, the European Commission proposed allowing automakers to meet the targets based on their average emissions over the period 2025-2027, rather than just this year. EU lawmakers voted by 458 votes to 101 in favor of the change. There were 14 abstentions. European manufacturers had warned that enforcing the targets this year could have resulted in fines of up to 15 billion euros ($17 billion), given the goals rely on selling more electric vehicles – a segment they say is lagging behind Chinese and U.S. rivals. Critics say the auto industry has had seven years to prepare for the 2025 targets and that the 15 billion euro estimate for fines is vastly inflated. The European Commission also wants to 'slash red tape' in its energy policies, according to draft conclusions for a summit of EU energy ministers next month seen by Reuters. The draft conclusions backed the plans to simplify more EU laws, and said this "is expected to have a profound impact on lowering the regulatory burden for companies in the energy sector and energy intensive industries while maintaining alignment with the original policy objectives." The EU's simplification efforts have met mixed reactions so far. Some industries have backed the plans as a boost to their competitiveness, while large companies said they offered little relief from bureaucracy, and some investors and campaigners criticized the weakening of sustainability rules as a blow to Europe's efforts to curb climate change. What to Watch California fire agencies gathered for a demonstration that set a model home on fire to show the importance of fireproofing houses as part of Wildfire Preparedness Week. Firefighting personnel said they are preparing for another potentially dangerous wildfire season. Click here or the image above for more. Climate Commentary Number of the Week That's the amount that Bill Gates pledged to give away via his charitable foundation by 2045 and lashed out at Elon Musk, accusing the world's richest man of "killing the world's poorest children" through huge cuts to the U.S. foreign aid budget.
Asharq Al-Awsat
07-05-2025
- Automotive
- Asharq Al-Awsat
EU Countries Back Softer Car CO2 Emissions Targets
European Union government have agreed to softer EU CO2 emissions targets for cars and vans that will allow automakers more time to comply and should reduce potential fines. European car manufacturers warned existing targets to be met this year could result in fines of up to 15 billion euros ($17.0 billion), given the goals rely on selling more electric vehicles, a segment where they lag Chinese and US rivals. Following heavy lobbying, the European Commission proposed allowing automakers to meet the targets based on their average emissions over the period 2025-2027, rather than just this year. The proposed change requires approval from the European Parliament and the Council, the grouping of EU members. The parliament is expected to approve the adjustment in a vote on Thursday after agreeing to fast-track the process.
