2024-09-14 09:00:09
Automotive
Climate Change
Regulation

EU Climate Targets Threaten European Automotive Jobs

The European automotive industry is sounding alarms over the tightened EU climate targets for fleet emissions. The industry claims it cannot meet the new standards, which are assessed using the WLTP test procedure.

As a result, manufacturers face potential penalty payments in the billions. To avoid these fines, they propose reducing production, which could lead to millions of job losses.

Automakers are demanding a postponement of the targets, arguing that even hybrid vehicles cannot meet the average emissions values. They plan to leverage an emergency article to delay the implementation, a move supported by VW Supervisory Board Chairman Hans Dieter Pötsch.

Environmental organizations like Transport & Environment Deutschland and Greenpeace criticize this request, labeling it a management failure. They argue that the industry had ample time to adapt, particularly through increasing electric vehicle production.

Despite the industry's financial gains in recent years, the potential economic impact on jobs remains a significant concern. The debate continues as policymakers and industry leaders grapple with balancing environmental goals and economic stability.

Tagesspiegel
14. September 2024 um 07:20

Internal paper shakes up climate targets: The European automotive industry apparently fears millions of jobs

Environment
Economy
Politics
The European automotive industry warns that it cannot comply with the tightened EU climate targets for fleet limit values, which are measured using the WLTP test procedure. Consequently, penalty payments in the billions are threatened for passenger cars and light commercial vehicles, which would have to be avoided by throttling production and the loss of millions of jobs. To avoid the penalties, the manufacturers are demanding a postponement, as even hybrid vehicles cannot comply with the aver..
n-tv.de
14. September 2024 um 05:23

Millions of Jobs at Risk: Auto Industry Fears Massive Cuts Due to EU Climate Targets - n-tv.de

Economy
Environment
The auto industry fears millions of job losses due to tightened EU climate targets. Fleet emission limits for CO2 emissions are to be significantly reduced by 2030, which could mean billions in penalties for manufacturers. An emergency article and the too low share of registered electric vehicles are cited as solutions. According to an internal document, the production of over two million combustion engines, equivalent to the capacity of eight factories, would have to be discontinued. VW Super..
focus
14. September 2024 um 04:05

European Climate Targets - Internal Paper Raises Alarm: Millions of Jobs in the EU Automotive Industry at Risk

Economy
Environment
Politics
The European automotive industry faces the threat of millions of job losses due to stricter EU climate regulations; fleet-wide CO2 emission limits will be significantly reduced by 2030; Manufacturers face billions in fines if targets are not met; The industry is hoping for an emergency clause to postpone the introduction.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!