EU Reaffirms 2035 Ban on CO2-Emitting Cars

The European Union's climate commissioner, Wopke Hoekstra, has reaffirmed plans to ban sales of CO2-emitting cars by 2035 and implement stricter CO2 limits for automakers starting next year. This decision comes despite pressures from Italy and the Czech Republic, who are concerned about declining electric vehicle sales impacting compliance with these targets. Hoekstra emphasized that the climate regulations create a predictable investment environment and noted that many car company CEOs believe they can meet the established goals with adequate public investment in charging infrastructure. Additionally, while the EU has made some adjustments, such as allowing e-fuel vehicles post-2035, Hoekstra firmly ruled out renegotiating agreements to include biofuels. The EU's commitment to the Green Deal remains strong, with growing support from businesses and NGOs urging adherence to environmental standards despite challenges facing the automotive industry. Concerns about fines for non-compliance with CO2 targets may be overstated, according to Hoekstra.