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15. March, 2023

German-led bloc puts EU proposal on thin ICE – 2035 ban deadline in question

Fuels
Kevin Lim

The European Parliament’s proposal for an Internal Combustion Engine (ICE) ban by 2035 has been stymied by seven Member States, essentially consisting of Germany, Italy and eastern European nations. The main objection of the group was the exclusion of e-fuels.

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Germany is synonymous with automakers Volkswagen and Porsche who are both developing e-fuels sources. Furthermore, a ban on ICE vehicles likely involves significant retooling costs and/or stranded manufacturing assets. Nevertheless, Germany had previously …

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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