Debate: The end of the internal-combustion car: why competition is vital to bringing about cleaner transport
Amid all the political back-and-forths, one would be forgiven for asking oneself whether Europe is making any progress with the green transition.
- Amid all the political back-and-forths, one would be forgiven for asking oneself whether Europe is making any progress with the green transition.
- The consequence of such contradictions is a loss of credibility when it comes to achieving its objectives, and a delay in the race toward ecological transition.
A lead to maintain
- This position is confirmed by foreign investors who find themselves attracted to the bloc’s green policies and regulatory clout.
- The recent revaluation of the price of a tonne of CO2 above 100 euros suggests that it will be very effective indeed.
- According to the IEA, Europe spent nearly 350 billion euros on such measures in 2022 - a record high.
Avoiding “the tragedy of the horizon”
- Power is intended to be supported in part by the profits from the project “Horse”, which involves a joint venture with the Chinese carmaker Geely.
- These moves demonstrate the decisive role of competition in developing a range of products and services in line with the imperatives of the energy transition.
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