-
Galloway accuser could not foresee publishing-sector fallout, lawyer argues
-
No. 22 UCLA defeats No. 5 Arizona 84-75 despite Kharchenkov's 38 points
-
New York City Center revives In the Heights as a timely community story
-
Vessel operator seeks witnesses after Vancouver grounding
-
Godzilla Minus Zero shifts focus toward postwar human drama
-
US Air Force deploys F-16 fighters to remote Aleutian base for readiness drill
-
Mehbooba Mufti urges dialogue and renewed Central Asia links for Kashmir
-
Bezos grant helps Seattle nonprofit move thousands of families toward housing
-
Seacliff Healthcare Seeks Specialist GP in Thirroul
-
Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
-
US stocks fall before midterm Election Day as technology shares weaken
-
Nearly Half of Australian Workers Overqualified, Survey Finds
-
BLS Polymers makes strong market debut at ₹248 per share
-
RBI eases export-declaration compliance for individual service exporters
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
India proposes more import entry points for drugs and medical devices
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
2026 Arizona Midterms: Key Races, Ballot Measures, and Voter Deadlines
-
NBC’s Steve Kornacki Reveals Tech Habits Ahead of Midterm Elections
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
India and Israel oppose UN draft on regional conventional arms control
-
Julia Stiles and Ezra Sosa Share Emotional Farewell After 'DWTS' Elimination
-
BLS Polymers shares open 65.3% above IPO price
-
US Buildings Threatened by Wildfires Could Triple by 2060
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
Why Pregnancy Cost Estimates Fail: A Family’s $9,000 Surprise
-
Latino Voters Defy ICE Fears, Turn Out in Record Numbers for Midterms
-
US Strikes Iranian Targets in Strait of Hormuz Ahead of Midterms
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Brodeur’s Overtime Goal Secures Bethlehem’s Second Consecutive Sectional Title
-
Reliance rally puts historical one-year return pattern in focus
-
Rare 1970 Plymouth ‘Cuda 426 Hemi Listed for $400,000
-
Kuwait edges Oman 1-0 in veterans Gulf Cup in Doha
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
-
Alberta Tabled Controversial Riding Boundary Maps Amid Gerrymandering Accusations
-
Washington reports movement in Iran negotiations aimed at preventing escalation
-
Hong Kong court set to sentence activist Joshua Wong in security case
-
Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom
-
Australia raises benchmark rate to highest level in 18 years
-
littlefish and Halo Dot Partner to Replace Payment Terminals with SoftPOS
-
'The Remarried Empress' Cast Discusses Bringing Fantasy Royal Drama to Life
-
Kuwait inspectors destroy 115 kilograms of unverified meat in Farwaniya
-
Asian stocks retreat as AI worries outweigh steep oil-price drop
-
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
-
Hamad International Airport stages emergency drills during WATAN 2026
-
John Schneider Admits Owes Millions in 'Dukes of Hazzard' Divorce Battle
EU parliament backs emissions reprieve for carmakers
EU lawmakers on Thursday gave the green light to a delay for European carmakers to meet new emission targets, as the bloc seeks to balance climate goals with supporting the struggling industry.
Starting this year the European Union is cutting the average carbon emissions that new vehicles sold in the 27-country bloc are permitted to produce, with steep fines if carmakers fail to comply.
But the European Union has also made it a priority to bolster key sectors -- including automobile manufacturing -- in the face of fierce US and Chinese competition.
Part of that effort includes loosening rules to give companies breathing room, including the reprieve approved in Strasbourg by a 458 to 101 majority of EU lawmakers.
Under the scheme put forward in March by European Commission head Ursula von der Leyen, companies will be able to comply with the new targets by averaging their emissions over three years from 2025 to 2027, rather than each individual year.
This means they will not be fined if they fail to meet the 2025 target by December 31 this year.
The European Automobile Manufacturers' Association (ACEA) welcomed the vote, saying the mechanism provided "much-needed flexibility in meeting CO2 targets at this important moment in our transition toward zero-emission mobility."
The parliament's biggest political grouping, the conservative EPP, hailed the vote, with lawmaker Laurent Castillo calling it "a first step to strengthen the European automobile market".
The French MEP said the next step would be to revise the EU's plans to phase out new sales of combustion engine vehicles by 2035.
The measure passed with support from the parliament's centrist and socialist groups.
Criticizing the move, Green EU lawmaker Saskia Bricmont said loosening emissions rules would "delay the marketing of affordable electric vehicles, which are vital" for European consumers.
"This is incomprehensible. It is yet another step back in the fight against climate change," Belgium's Bricmont said in a statement.
The far-right Patriots group meanwhile described the three-year flexibility as "insufficient", urging the "complete repeal" of the EU's penalty mechanism.
B.Baumann--VB