EU’s 2035 petrol and diesel car ban will be watered down, says senior MEP
NegativeFinancial Markets
- The European Commission is expected to announce a significant reduction in the scope of its 2035 ban on new petrol and diesel cars, according to a senior Member of the European Parliament. This decision has sparked concerns among environmental campaigners, who argue that it undermines the EU's green deal and its commitment to combating climate change.
- The watering down of the car ban is likely to provoke backlash from environmental advocates, who view it as a retreat from ambitious climate policies. This move could hinder the EU's efforts to transition to cleaner transportation and reduce carbon emissions, which are critical in the fight against global warming.
- This development reflects a broader trend within the EU, where recent proposals have aimed at relaxing environmental regulations, including exemptions for AI gigafactories from mandatory assessments. Such shifts raise questions about the EU's commitment to sustainability and the balance between economic growth and environmental protection.
— via World Pulse Now AI Editorial System
