2024-11-25 23:55:08
Automotive
Regulation

Habeck Proposes CO2 Fine Offsetting for Automakers

Image used under license from Shutterstock.com

German Economy Minister Robert Habeck has proposed a pragmatic approach to the EU's stringent fleet emission limits set for next year. As the automotive industry faces challenges in meeting these CO2 targets due to lagging electric vehicle sales, Habeck suggests offsetting potential fines against future overcompliance. He envisions that any fines due in 2025 could be counterbalanced by exceeding quotas in 2026 and 2027.

This approach aims to alleviate the financial burden on automakers, who could face hefty penalties for non-compliance. Habeck's optimism lies in the potential for increased electric vehicle registrations driven by more affordable models, which could help manufacturers achieve lower fleet emissions in the coming years.

However, this proposal is not without contention. Environmental Minister Steffi Lemke warns that suspending fines might undermine planning certainty for the industry. Meanwhile, Italy and the Czech Republic have called for a review of the regulations to support the sector further, highlighting the complex negotiations surrounding emission targets.

The EU Commission remains firm, cautioning against altering the 2025 targets. As the automotive industry strives to transition from traditional engines to electric, Habeck's suggestion represents a compromise to balance environmental goals with economic realities. With the automotive industry at a crossroads, Habeck's proposition underscores the need for both innovation and flexibility to navigate the evolving landscape of vehicle emissions.

AFP
25. November 2024 um 12:33

EU Fleet Emission Limits: Habeck Proposes Offsetting Penalty Payments

Politics
Economy
Environment
Federal Minister of Economics Robert Habeck (Greens) reiterated his support for the suspension of penalty payments for automakers who do not meet the tightened EU fleet emission limits next year. After a meeting with Adolfo Urso in Berlin, he called for pragmatism in this difficult situation for the automotive industry. These penalty payments, which are due in 2025, could be offset against the over-fulfillment of the quotas in the years 2026 and 2027. Fleet emission limits, which regulate the..
zeit
25. November 2024 um 13:21

Fleet Emission Limits: Habeck Wants to Prevent EU Climate Fines for German Automakers

Economy
Environment
Habeck wants to prevent EU climate fines for automakers by seeking a revision of the fleet emission limits and having deficits offset by overachieving quotas in 2026/27; Environment Minister Lemke is against this, as it would jeopardize planning security; German manufacturers are struggling with weak sales and high costs for the transition to electric drives; the current EU emission limits for CO2 emissions and the registration of electric vehicles are crucial to provide incentives for automak..
EURACTIV.com
25. November 2024 um 14:50

Germany’s Habeck floats compromise to waver CO2 targets fines on car makers

Politics
Environment
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