EU Climate Chief Rejects Car CO2 Regulation Changes

Despite mounting pressure from the European People's Party (EPP) and the automotive industry, EU climate chief Wopke Hoekstra has firmly rejected any changes to the stringent CO2 regulations for cars. The EPP, which is the largest political grouping in the European Parliament, has called for a review of the EU's 2035 ban on new CO2-emitting cars and proposed measures to alleviate the impending 2025 CO limits that could lead to significant fines for manufacturers. Hoekstra reiterated that these regulations are essential for meeting Europe's legally-binding emissions targets and ensuring a stable investment environment. The automotive sector is currently facing major challenges, including declining demand and competition from Chinese manufacturers, with thousands of jobs at risk. Additionally, a recent report highlighted a 20% drop in CO2 emissions from Europe's toll road network, showcasing progress in the sector's decarbonization efforts. The ongoing tension reflects the broader struggle between environmental goals and economic pressures within the EU.