Eu Parliament Softens Co2 Emission Targets for Automakers

Edited by: Tetiana Pinchuk Pinchuk

The European Parliament has voted to soften EU CO2 emission targets for cars and vans, reducing potential fines for automakers. This decision follows concerns from European manufacturers about potentially facing up to 15 billion euros in fines if the original targets were enforced this year. The EU lawmakers voted by 458 votes to 101 in favor of the change. The European Commission also aims to simplify energy policies to reduce regulatory burdens for companies. Some industries support these plans, citing a boost to competitiveness. However, critics argue that weakening sustainability rules could hinder Europe's climate change efforts. Bill Gates has pledged to donate $200 billion through his charitable foundation by 2045. He also criticized Elon Musk for cutting the U.S. foreign aid budget.

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