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EU Lawmakers Reach Deal to Weaken Car CO2 Targets

  • Deal was struck early on Tuesday
  • Parliament and EU governments still need to agree common set of targets
  • France and Germany last week agreed a weaker stance

BRUSSELS, Oct 20 (Reuters) - European ​Union lawmakers have agreed to weaken proposed EU car emissions targets for 2035, ‌allowing automakers to make up some of the expected shortfall by using low-carbon EU steel, according to a text of the agreement seen by Reuters.

The European Commission proposed last year that automakers cut CO2 emissions ​by 90% from 2021 levels in 2035, down from an earlier target of 100%. ​The EU executive said the remaining 10% could be offset through use ⁠of low-carbon steel and alternative fuels.

The deal among three mainstream party groups in the European ​Parliament sets instead a target of an 87.5% cut for cars, with a 7.5% top-up ​from production using low-carbon steel made in the European Union.

The agreement still needs to be signed off by the groups - the centre-right European People's Party, the centre-left Social Democrats and the more centrist Renew - to ​establish the position of the European Parliament.

EU CLIMATE AMBITION HAS WEAKENED

The parliament and EU governments ​would then have to agree on a common text on emissions targets for new car fleets for ‌2030 ⁠and 2035.

EU countries have long championed efforts to reduce carbon emissions to try to curb global warming, but economic considerations have in recent years led to a scaling back of ambition.

France and Germany, which both have very significant car industries, last week agreed to reduce the CO2 ​emissions targets for cars ​in 2035 to 90%, ⁠with no need for compensatory measures.

According to the text of the deal struck early on Tuesday, the parliament groups agreed that automakers ​should cut average emissions of new vans by 80% in 2035.

For 2030, ​the proposed ⁠CO2 reduction targets would be 55% for cars, as the Commission put forward last year, and 35% for vans, down from the Commission's 40%.

Automakers would be able to meet the 2030 targets ⁠over ​the average for the years 2029 to 2031.

Cars running ​on renewable fuels could also be recognised as zero-emission vehicles. Small affordable electric cars and particularly efficient EVs could ​earn producers super-credits, helping them meet the emissions targets.

Reporting by Philip Blenkinsop; editing by Barbara Lewis

Source: Reuters


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