Volkswagen

Renault 5 EV. Image courtesy of Renault

Why the Car Industry Will Not Pay €15 Billion in Penalties in 2025

The debate on one of the EU’s most important climate regulations is being distorted by bogus claims about high fines. Analysis has been circulating in the European Parliament estimating that car manufacturers would pay €15 billion in fines for not meeting the EU’s car CO2 targets in 2025. This echoes similar … [continued]