EU to Grant Carmakers Leeway in Reaching 2025 CO2 Targets
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European Commission President Ursula von der Leyen said the bloc would grant carmakers a three-year window in which to hit carbon dioxide emissions targets that were originally set for this year.
The targeted amendment to give the auto sector flexibility under the 2025 emissions rules will be proposed later this month, according to von der Leyen. In effect, the changes will mean that carmakers can miss the target this year as long as they outperform in the next two.