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European Carmakers Warn Against CO2 Emission Limits
Carmakers in Europe are warning of unintended consequences if the European Parliament approves a plan on Wednesday to slash allowable carbon dioxide emissions from cars 45% by 2030.
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Carmakers in Europe are warning of unintended consequences if the European Parliament approves a plan on Wednesday to slash allowable carbon dioxide emissions from cars 45% by 2030.
Trade group ACEA says the stakes are “extremely high” for the industry, which accounts for 6% of employment in the European Union. The association warns of especially big impacts in EU member states with the greatest share of automotive production.
The group warns that setting overly aggressive CO2 targets could trigger layoffs by accelerating a shift to all-electric powertrains that require significantly different skill sets and fewer workers to make.
ACEA says Europe’s auto industry is committed to a shift to zero-emission vehicles. But it urges a gradual timetable. The group points out that EVs captured less than 2% of EU sales in 2017.
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