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0.000425894378194274 0.000851788756388397 0.00127768313458267 0.000425894378194274 -0.000425894378194123 0 -0.00127768313458252 -0.00255536626916519
Stock impact report

EU CO2 Plan Gets Mixed Reception Ahead Of Parliamentary Scrutiny [Forbes]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Forbes
was described as disappointing for automakers and ineffective by environmental groups. But the proposals are nowhere near being finalized and there will be months of agonizing in the European Parliament before the final edition emerges. The European Commission conceded automakers' top priority by ending the 2035 date for them to achieve zero carbon dioxide emissions in new cars sold, which had effectively mandated an EV monopoly. But instead of opting for a let-the-market-decide, technology-free-for-all, the Commission decided automakers should cut emissions by 90%, not 100%, compared with the base year 2021. This allows a limited number of pure internal combustion engines, as well as hybrids, plug-in hybrids, extended-range electric vehicles and hydrogen-based ICE. Other measures included incentives to build small, cheap EVs. The Commission also allowed some tinkering with the 2030 stage of CO2 emissions, allowing them to be averaged out over two more years. There is a new corp Show less Read more
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