GoGoGadgetMachE
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Once 'green' plug-in hybrid cars suddenly look like dinosaurs in Europe | Reuters
LONDON/BRUSSELS (Reuters) - Remember when plug-in hybrid cars were the go-to technology for the climate-conscious driver? Turns out, they’re not good for the environment, according to some experts, and they could be phased out by carmakers in the face of tougher European rules.
EU policy plans for plug-in hybrid vehicles (PHEVs), which contain an electric battery and a combustion engine, could mean the “transition” technology has a shorter lifespan than envisaged by some leading automakers.
Draft green finance regulations would ban manufacturers from labelling them as “sustainable investments” beyond 2025, potentially deterring investors. Meanwhile planned rules on emissions of pollutants like nitrogen oxides could increase the cost of producing these cars.
The aim of such reforms is to speed the transit to fully-electric vehicles and meet climate goals. Yet they would mark a shift from existing EU policies, such as CO2 standards, which have treated hybrids on a par with all-electric cars and helped spur the auto industry to invest tens of billions of euros in the technology.
(more at source)
LONDON/BRUSSELS (Reuters) - Remember when plug-in hybrid cars were the go-to technology for the climate-conscious driver? Turns out, they’re not good for the environment, according to some experts, and they could be phased out by carmakers in the face of tougher European rules.
EU policy plans for plug-in hybrid vehicles (PHEVs), which contain an electric battery and a combustion engine, could mean the “transition” technology has a shorter lifespan than envisaged by some leading automakers.
Draft green finance regulations would ban manufacturers from labelling them as “sustainable investments” beyond 2025, potentially deterring investors. Meanwhile planned rules on emissions of pollutants like nitrogen oxides could increase the cost of producing these cars.
The aim of such reforms is to speed the transit to fully-electric vehicles and meet climate goals. Yet they would mark a shift from existing EU policies, such as CO2 standards, which have treated hybrids on a par with all-electric cars and helped spur the auto industry to invest tens of billions of euros in the technology.
(more at source)
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