The European Commission Wednesday proposed further cuts to carbon dioxide, CO2, emissions from new cars and vans by 2020, making EU targets the toughest in the world:
Connie Hedegaard, EU Commissioner for Climate Action, called the new targets "a win-win for the climate, consumers, innovation and jobs." "With our proposals we are not only protecting the climate and saving consumers money. We are also boosting innovation and competitiveness in the European automotive industry," said Hedegaard. "And we will create substantial numbers of jobs as a result."
The EU climate queen Connie Hedegaard is once again talking nonsense. How on earth could these suggested measures "boost the competitiveness" of an European industry that is already now losing money!
The message from European Automobile Manufacturers' Association´s Secretary General Ivan Hodac was polite, but clear:
"Indeed, contrary to some claims, the proposed targets for the European fleet are far more stringent than those in the United States, China or Japan."
This will increase manufacturing costs in Europe, creating a competitive disadvantage for the region and further slowing the renewal of the fleet, he said.
"Considering that most manufacturers are losing money in Europe at the moment, the industry needs as competitive a framework as possible. Targets - while ambitious - must be feasible.
Read the entire article here
PS
Another example of the only thing in which the European Union really excels: Shooting itself in the foot
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