Author: Transport & Environment (T&E)

After declaring itself a ‘climate bank’, the EU investment bank still financed new roads and airport expansions. The European Investment Bank (EIB) lent more than €7 billion for new roads, airport expansions and other transport projects that will increase CO2 emissions. That’s according to a new analysis of its transport loan book ... [continued]

T&E’s analysis of gaps and opportunities for the European Investment Bank’s transport lending. Back in 2021, the European Investment Bank (EIB) has committed to become the EU’s Climate Bank by adopting the Climate Bank Roadmap. This year, this Roadmap will be renewed for the period 2026–2030. Transport lending activities are at ... [continued]

T&E has joined airlines, e-SAF producers and NGOs in highlighting the strategic role e-SAF can play in boosting European competitiveness, autonomy and its clean tech industry. With a potential to cut CO₂ emissions by more than 90 per cent compared to fossil jet fuel, e-SAF is the most sustainable aviation ... [continued]

But going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs. Europe’s car industry could return to producing 16.8 million cars a year — equal to its post-2008 crisis peak — if the EU maintains its 2035 clean cars ... [continued]

T&E’s William Todts looks at whether a climate deal that potentially doubles the global biofuels market can be considered a good deal? On the banks of the River Thames in London, the headquarters of the International Maritime Organization (IMO) sits quietly, largely unnoticed by passers-by, much like the shipping industry ... [continued]

Changes to Batteries Regulation rules would threaten responsible and resilient supply chains and weaken European companies’ competitive advantage. A coalition of over 30 global civil society organisations, labour organisations, investors and businesses have called on the European Parliament to prevent any further weakening of the due diligence requirements of the ... [continued]

In many markets European carmakers are falling behind Chinese EV manufacturers as they have little to offer to aspiring drivers in the Global South right now. Last year Luca de Meo took me aside at the Geneva motor show to explain his vision for Europe’s automotive future. The Renault CEO ... [continued]

The European Commission’s decision to allow offsets to meet its 90% emissions reduction target by 2040 will severely weaken Europe’s climate efforts, says T&E. The Commission has announced it will be sticking to its 90% emissions reduction target by 2040, giving Europe’s carmakers, airlines, shipping companies, fuel producers and other ... [continued]

Europe’s leasing companies have made little to no meaningful climate commitments, despite their growing influence and key role in decarbonising the automotive sector. Across Europe, leasing has become the main way of accessing new cars. The sector already accounts for over 50% of new registrations, a figure expected to rise ... [continued]

The European Commission missed a big opportunity to create a cleantech bazooka. New EU state-aid rules published today are a setback for the European cleantech and battery industry, green group T&E has said. The rules maintain a ban on production aid — subsidies for each unit actually produced — despite the ... [continued]