Tag #Co2 Emissions

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repubblica.it

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Jan 20, 22:10

EU Tightens Plug-in Hybrid Emission Tests, Impacting Incentives and Sales

New European Union regulations, effective January 1st, 2025, significantly increase the driving distance used to test plug-in hybrid vehicle emissions (from 800km to 2200km in 2025, and further to 4260km in 2027), aiming to accurately reflect real-world usage and curb discrepancies between declared ...

EU Tightens Plug-in Hybrid Emission Tests, Impacting Incentives and Sales

New European Union regulations, effective January 1st, 2025, significantly increase the driving distance used to test plug-in hybrid vehicle emissions (from 800km to 2200km in 2025, and further to 4260km in 2027), aiming to accurately reflect real-world usage and curb discrepancies between declared ...

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How do the discrepancies between declared and real-world emissions of PHEVs arise, and what is the role of consumer behavior?

The new regulations address discrepancies between manufacturers' declared emissions and real-world performance of PHEVs. A study by the International Council on Clean Transport (ICCT) on a BMW X1 xDrive 25e showed emissions nearly doubling under the new standard, from 45 g/km to 96 g/km. Further tightening is expected in 2027.

cincodias.elpais.com

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Jan 15, 10:10

Spanish Parliament Approves Amendment to Eliminate 7% Electricity Tax

A parliamentary error allowed an amendment to eliminate Spain's 7% tax on electricity sales to pass, supported by the PP, Junts, PNV, ERC, and VOX, after the PSOE failed to veto it. The PSOE postponed the committee meeting to discuss this amendment, which aims to reduce energy costs for consumers an...

Spanish Parliament Approves Amendment to Eliminate 7% Electricity Tax

A parliamentary error allowed an amendment to eliminate Spain's 7% tax on electricity sales to pass, supported by the PP, Junts, PNV, ERC, and VOX, after the PSOE failed to veto it. The PSOE postponed the committee meeting to discuss this amendment, which aims to reduce energy costs for consumers an...

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Affordable and Clean Energy

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What are the underlying political motivations and factors behind the opposition's persistent efforts to repeal the electricity tax?

The amendment's passage reflects growing opposition to the tax, evidenced by numerous prior legislative initiatives from the PP and others. The justification for elimination centers on a significant reduction in the electricity system's deficit, from over €25 billion to €7.866 billion between 2014 and 2023, according to CNMC data. This decrease, coupled with a 2024 surplus, suggests the system's ability to cover regulated costs without the tax.

taz.de

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Jan 9, 01:09

EU Automakers Pool Emission Credits to Avoid Billions in Fines

Facing billions in potential fines for exceeding EU CO2 emission limits, European automakers are forming pools to share emission credits, with Tesla profiting significantly from this strategy; this collaboration highlights the challenges of meeting climate targets and incentivizing electric vehicle ...

EU Automakers Pool Emission Credits to Avoid Billions in Fines

Facing billions in potential fines for exceeding EU CO2 emission limits, European automakers are forming pools to share emission credits, with Tesla profiting significantly from this strategy; this collaboration highlights the challenges of meeting climate targets and incentivizing electric vehicle ...

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How are the political pressures to ease the CO2 emission regulations influencing automakers' strategies and the broader climate goals of the EU?

The EU's stringent CO2 emission regulations for new cars are driving automakers to form strategic partnerships to avoid substantial fines. This collaboration, while beneficial for achieving climate goals, reveals the challenges of meeting ambitious targets and highlights the significant financial incentives involved. Tesla, for example, profits substantially from selling emission credits.

faz.net

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Jan 8, 19:08

Germany's CO2 Emissions Hit Record Low, but EU Target Missed

Germany's CO2 equivalent emissions dropped to 656 million tons in 2023, a new historical low, but missed its EU climate target by 12 million tons due to factors including economic slowdown and insufficient investment in climate-friendly technologies.

Germany's CO2 Emissions Hit Record Low, but EU Target Missed

Germany's CO2 equivalent emissions dropped to 656 million tons in 2023, a new historical low, but missed its EU climate target by 12 million tons due to factors including economic slowdown and insufficient investment in climate-friendly technologies.

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How did Germany's failure to meet its EU climate target impact its economy and what are the potential long-term consequences?

Despite the overall decrease, Germany's 2023 emissions reveal a complex picture. While renewable energy sources covered 55 percent of gross electricity consumption, and 6.1 gigawatts of coal-fired power plants were shut down, economic slowdown and mild weather also contributed to lower emissions in buildings and transport sectors. However, industrial emissions rose due to higher fossil fuel consumption.

welt.de

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Jan 7, 16:11

Glauber Proposes State Share of German CO2 Emission Revenue

Germany's 2024 CO2 emissions trading revenues reached a record €18.5 billion; Bavaria's Environment Minister Thorsten Glauber proposes allocating 25% to states for local climate protection, arguing that funds should return to their source, with Bavaria potentially receiving €1 billion.

Glauber Proposes State Share of German CO2 Emission Revenue

Germany's 2024 CO2 emissions trading revenues reached a record €18.5 billion; Bavaria's Environment Minister Thorsten Glauber proposes allocating 25% to states for local climate protection, arguing that funds should return to their source, with Bavaria potentially receiving €1 billion.

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What is the proposed distribution of Germany's 2024 CO2 emissions trading revenues, and what is its potential impact on local climate protection efforts?

Bavaria's Environment Minister Thorsten Glauber advocates for a 25% share of Germany's €18.5 billion in 2024 CO2 emissions trading revenues for the states. He argues this funding is crucial for local climate protection initiatives. This would amount to approximately €1 billion for Bavaria alone.

nos.nl

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Dec 19, 16:12

Nobian Pioneers Dutch Industrial Decarbonization with 2030 Carbon Neutrality Goal

Nobian, a Dutch salt producer, will become CO2-neutral by 2030, ten years ahead of schedule, thanks to a €185 million government subsidy enabling a switch to electricity in their Delfzijl and Hengelo plants, reducing annual emissions by 525 kilotons.

Nobian Pioneers Dutch Industrial Decarbonization with 2030 Carbon Neutrality Goal

Nobian, a Dutch salt producer, will become CO2-neutral by 2030, ten years ahead of schedule, thanks to a €185 million government subsidy enabling a switch to electricity in their Delfzijl and Hengelo plants, reducing annual emissions by 525 kilotons.

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What immediate impact will Nobian's CO2 reduction plan have on Dutch national emissions and energy consumption?

Nobian, a Dutch salt producer, has signed the first major agreement with the Netherlands government to reduce CO2 emissions. Their Delfzijl and Hengelo plants will switch entirely to electricity, reducing annual emissions by 525 kilotons—1% of total Dutch industrial emissions—and saving 300 million cubic meters of gas by 2030. This is equivalent to the gas consumption of 250,000 households.

sueddeutsche.de

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Jan 15, 13:07

EU CO2 Regulations Spur Affordable Electric Vehicle Boom in 2025

Facing substantial EU CO2 emission penalties in 2025, European automakers are launching numerous affordable electric vehicles (EVs) such as the Fiat Grande Panda, Renault R4, Hyundai Inster, Skoda Elroq, and Mercedes CLA, creating new opportunities for buyers while undergoing a massive industry shif...

EU CO2 Regulations Spur Affordable Electric Vehicle Boom in 2025

Facing substantial EU CO2 emission penalties in 2025, European automakers are launching numerous affordable electric vehicles (EVs) such as the Fiat Grande Panda, Renault R4, Hyundai Inster, Skoda Elroq, and Mercedes CLA, creating new opportunities for buyers while undergoing a massive industry shif...

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How are automakers responding to the financial risks associated with exceeding CO2 emission targets?

The impending CO2 penalties are fundamentally reshaping the automotive market. Automakers are prioritizing the production of affordable EVs to mitigate financial risks, leading to a wider selection and lower prices for consumers. This strategic shift is evident in the introduction of several new EVs across various price points and segments.

forbes.com

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Jan 9, 13:10

European EV Sales to Rebound in 2024, but 2030 Targets Remain Ambitious

European electric vehicle sales, after a slight decline in 2023, are expected to increase to 2.7 million units in 2024, driven by new models, lower prices, and stricter EU CO2 targets; however, achieving the EU's 80% market share goal by 2030 faces challenges due to high prices and a lack of afforda...

European EV Sales to Rebound in 2024, but 2030 Targets Remain Ambitious

European electric vehicle sales, after a slight decline in 2023, are expected to increase to 2.7 million units in 2024, driven by new models, lower prices, and stricter EU CO2 targets; however, achieving the EU's 80% market share goal by 2030 faces challenges due to high prices and a lack of afforda...

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What are the major challenges hindering the achievement of the EU's ambitious 80% EV market share target by 2030?

While various forecasts predict substantial EV market share growth in Europe by 2030, ranging from 35% to 61.6%, achieving the EU's 80% target appears unlikely due to high prices and a lack of mass-market EV models. The current market is dominated by premium EVs, leaving a gap in the affordable segment that needs to be addressed for widespread adoption. This is supported by expert opinions from the Center of Automotive Management and Inovev, who predict lower market shares.

faz.net

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Jan 9, 22:10

EU Emission Pool: Stellantis Joins, Volkswagen Debates, Industry Faces Billions in Penalties

Several European automakers, including Mercedes-Benz and unexpectedly Stellantis, joined an emissions pool to meet stricter EU emission standards, while others like Volkswagen are debating participation; analysts estimate a €300 million compensation for Volvo Cars, but the EU remains firm on its cli...

EU Emission Pool: Stellantis Joins, Volkswagen Debates, Industry Faces Billions in Penalties

Several European automakers, including Mercedes-Benz and unexpectedly Stellantis, joined an emissions pool to meet stricter EU emission standards, while others like Volkswagen are debating participation; analysts estimate a €300 million compensation for Volvo Cars, but the EU remains firm on its cli...

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What are the immediate consequences of Stellantis joining the emissions pool, and how does this impact the broader automotive landscape?

Mercedes-Benz joined an emissions pool, a move anticipated due to their previous statements. Stellantis's surprise entry contrasts with their CEO's prior assertions of independent compliance. Analysts predict Volvo Cars could receive a €300 million compensation from this pool.

zeit.de

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Jan 7, 07:06

Record German CO2 Revenue Funds Climate Initiatives Amidst Calls for Social Mitigation

Germany's 2024 CO2 emissions trading revenue hit a record €18.5 billion, surpassing 2023 by €100 million, funding climate initiatives via the Climate and Transformation Fund (KTF) and highlighting the need for further emission reductions, particularly in transport, alongside social mitigation measur...

Record German CO2 Revenue Funds Climate Initiatives Amidst Calls for Social Mitigation

Germany's 2024 CO2 emissions trading revenue hit a record €18.5 billion, surpassing 2023 by €100 million, funding climate initiatives via the Climate and Transformation Fund (KTF) and highlighting the need for further emission reductions, particularly in transport, alongside social mitigation measur...

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How do the European and national CO2 trading systems differ, and what are the projected future impacts on CO2 pricing?

These funds support initiatives like building renovations, industrial decarbonization, hydrogen technology, and electric vehicle charging infrastructure, including subsidies for alternative-fuel buses. The system aims to incentivize reduced fossil fuel consumption through carbon pricing, encompassing both European and national trading schemes.

forbes.com

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Jan 5, 16:09

European Automakers Face €15 Billion Fine, Production Cuts Amidst 2025 Crisis

European automakers face a €15 billion penalty for failing to meet 2025 EU CO2 emission targets, coupled with Chinese competition, tariff threats, and overcapacity issues, leading to factory closures and reduced sales, although some analysts predict a mid-year sales rebound.

European Automakers Face €15 Billion Fine, Production Cuts Amidst 2025 Crisis

European automakers face a €15 billion penalty for failing to meet 2025 EU CO2 emission targets, coupled with Chinese competition, tariff threats, and overcapacity issues, leading to factory closures and reduced sales, although some analysts predict a mid-year sales rebound.

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What are the most immediate and significant financial impacts facing European automakers in 2025?

European automakers face €15 billion in potential fines for missing 2025 EU CO2 emission targets, forcing price hikes on profitable ICE vehicles to subsidize EVs and suppress sales. This, combined with Chinese competition and tariff threats, creates significant financial pressure. Production overcapacity is also leading to factory closures.

lefigaro.fr

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Dec 18, 01:09

EU Faces Pressure to Reconsider Automaker CO2 Emission Fines

France, Italy, and other EU countries are opposing potential fines for automakers failing to meet 2025 CO2 emission targets, arguing it would harm the industry's competitiveness. This follows the EU's plan to ban new combustion engine vehicles by 2035.

EU Faces Pressure to Reconsider Automaker CO2 Emission Fines

France, Italy, and other EU countries are opposing potential fines for automakers failing to meet 2025 CO2 emission targets, arguing it would harm the industry's competitiveness. This follows the EU's plan to ban new combustion engine vehicles by 2035.

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What are the immediate economic and political implications of the EU's potential fines for automakers failing to meet 2025 CO2 emission targets?

France, Italy, and other EU countries pressured the EU to reconsider potential fines for automakers failing to meet 2025 CO2 emission targets. French Minister Agnès Pannier-Runacher advocated for adjustments to avoid penalizing European manufacturers against international competition, citing the fines' counterproductive nature and threat to the industry. This action follows the European Commission's previous dismissal of the issue as premature.

Showing 61 to 72 of 77 results