CO2 Target Talks Fail As European Manufacturers Warns Of Negative Impact

Talks aimed at ratifying new CO2 targets for Europe have stalled, as countries failed to reach a compromise over recommended levels.

Earlier this year, the European Parliament voted to cut CO2 levels by 15% from 2025, and 35% from 2030, based on 2021 figures. These numbers were the result of much discussion, with initial 2030 targets ranging from 30% to 40%. However, the proposals still require work in order to be passed into law.

Representatives of lawmakers of the 28 member states in the European Parliament have held several rounds of talks together with the European Commission to find common ground following the collapse of the talks this week.

Germany initially backed the plan to reduce 2030 levels by 30%, while the Netherlands and France wanted a 35% drop. The European Parliament’s environmental committee voted in favour of a 40% during plenary talks.

Europe’s automotive manufacturers warned that low and middle-income families will not accept CO2 standards with a negative impact on their freedom of mobility. During a board meeting of ACEA (The European Automobile Manufacturers’ Association or Association des Constructeurs Européens d’Automobiles in French, hence the ACEA abbreviation, is an organisation that represents the 15 most important European motor vehicle manufacturers), the CEOs of Europe’s major car companies re-iterated their long-term commitment to further reducing CO2 emissions. At the same time, however, they warned that this transition could only happen at a pace that keeps individual mobility affordable for all layers of society.

Commenting on this David Smith Chairman of FISC said ‘there is little doubt that all manufactures are all totally committed to reducing CO2 emissions, but if pushed into it too quickly, it will mean job losses within the industry as well as higher vehicle prices for consumers.  There are huge changes in the industry taking place, but it needs to be done at a pace that’s acceptable to everyone.  It’s all well and good politicians making decisions, but they are not the ones that have to put them into practice and make them work’.