The end of internal combustion engines is coming faster with the EU’s new climate goals

The European Union (EU) will unveil an ambitious plan to reduce harmful emissions, which will not leave a sector of the economy unchanged and will introduce stricter requirements for industries, writes Bloomberg.

According to climate requirements set by 2030, European carmakers will have to meet new stringent standards that could permanently “retire” internal combustion engines.

If the new strategy is approved, intra-EU emissions must be reduced by 55% from 1990 levels, according to a document prepared by the European Commission (EC) and quoted by Bloomberg. The targets adopted only 6 years earlier were to reduce emissions by 40%.

“Achieving the 55% emission reduction target will become a significant investment barrier for European industry, services, transport and the energy sector,” the document said.

Which automakers will pay the biggest fines in Europe for harmful emissions?

Which automakers will pay the biggest fines in Europe for harmful emissions?

Mazda is the furthest from the targets, but another company faces a penalty of 400% of its profits

Achieving it requires the gradual replacement and complete cessation of traffic of conventional cars at the expense of those without harmful emissions. The EU will propose stricter rules on emissions from cars and trucks from June 2021.

This includes a reduction of about 50% in carbon dioxide emissions per kilometer for cars by 2030 compared to 2021. At the same time, the share of “green” transport should increase to 24% in 2030 from 7% in 2015. On the other hand, airlines and shipping companies will have to increase their use of low-carbon fuels.

Another goal is to reduce dependence on global retail chains and imports. By stimulating renewable energy, the EU has the ambition to limit fuel imports by € 100 billion for the period 2021-2030 and by € 3 trillion by 2030.

Germany raises taxes on the most polluting cars

Germany raises taxes on the most polluting cars

€ 2 to € 4 for each gram of CO2 above the target of 95 g / km

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