EU to weigh proposal to cut car and van emissions 30% by 2030
Brussels — The European Commission is set to propose tougher carbon dioxide reduction targets for new cars and vans of 30% by 2030 and a crediting system to promote electric vehicles, EU sources say. The EU executives’ proposal aims to curb greenhouse gases from transport as part of the bloc’s push to cut emissions by at least 40% below 1990 levels, by 2030. It has already met opposition from nations with big automotive sectors, such as Germany, and will face a tough battle before being approved by the EU’s 28 member states and European Parliament to become law. Amid fierce lobbying, the target was up for discussion until being approved in a meeting of EU commissioners on Wednesday morning ahead of its planned announcement. Under the draft proposal, if car makers are found in breach of rules, they face penalties of €95 for every gram of CO2 above the limit and for each new vehicle registered in a given year. In a policy innovation, the proposal would allow car makers to offset their...
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