German transport minister ‘optimistic’ EU e-fuels stand-off will be resolved By Reuters
Economy 24 minutes ago (Mar 24, 2023 17:01)
© Reuters. FILE PHOTO: German Transport Minister Volker Wissing attends a news conference on the “Traffic Prognosis 2051” in Berlin, Germany, March 3, 2023. REUTERS/Christian Mang
By Riham Alkousaa and Markus Wacket
BERLIN (Reuters) -Germany’s transport minister on Friday said he was optimistic a dispute between Berlin and Brussels over the future of combustion engine cars running on e-fuels was close to resolution, though some questions still needed clarifying.
Berlin has been in talks with the European Commission over the past weeks about allowing registrations of cars running on synthetic fuels beyond the 2035 deadline for sales of CO2-emitting cars, agreed by European Union countries last year. A vote on the ban got delayed early this month by Germany’s last-minute objections.
The original law would effectively ban registration of combustion engine cars after 2035, but Germany seeks an exemption for cars that run exclusively on climate-neutral e-fuel and legal assurances from the Commission.
Reuters reported earlier this week that the European Commission sought to break the impasse with a new draft plan to allow sales of such combustion-engine cars after 2035.
In a letter to the Commission seen by Reuters on Friday, Germany’s transport ministry welcomed the EU executive’s proposals but asked for legislation to ensure its implementation.
Berlin’s demand for an exemption had “now been answered by the EU Commission with a letter that makes me optimistic,” German Transport Minister Volker Wissing told a news conference on Friday.
“There are still questions to be answered. We’re not fully in agreement yet,” he added.
The minister and his FDP party, argue that combustion engine technology, in which Germany is a leader, should continue to be available to offer people more choices for carbon-neutral mobility in the future.
“To ban this technology now makes no sense. Because multiple offers create more and more competition and better prices for citizens,” Wissing said.
Speaking in Brussels on Friday, German Chancellor Olaf Scholz also said he expected an agreement to be reached soon.
Separately, Economy Minister Robert Habeck said he believed the dispute had now been resolved and the issue should be settled on Tuesday.
EU energy ministers will meet in Brussels on Tuesday and have a chance to sign off on the law. The next opportunity would come at the next scheduled meeting of EU countries’ ministers in late April.
The European Commission declined to comment on the latest proposals.
German transport minister ‘optimistic’ EU e-fuels stand-off will be resolved
Terms And Conditions
Do not sell my personal information
© 2007-2023 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.