EU warns banning combustion engines by 2035 will cost bloc more than 500,000 jobs | World | News

The suggestions put forward by European auto suppliers are the latest in a number of warnings about the costs of a rapid transition to emission-free technology. The European Commission has committed this year to eliminating 100% of CO2 emissions from new cars by 2035.

In doing so, a ban would effectively be in place that would prevent the sale of vehicles powered by fossil fuels.

More than 130 countries aim to achieve net zero emissions by 2050.

These countries include the UK, France, Denmark, and New Zealand.

A survey of nearly 100 companies for the European Association of Automotive Suppliers, Clepa, found that more than two-thirds of the 501,000 jobs at risk would disappear within five years before the ban’s scheduled date.

The survey also revealed that 226,000 jobs would be created with the need for manufacturing electrical parts.

This increase in jobs brings the net number of job losses to around 275,000 over the next several decades.

Clepa, which represents more than 3,000 automotive suppliers, has always said that the introduction of intermediate technologies helps to ease the transition to cleaner transportation in the future.

Sigrid de Vries, the organization’s general secretary, said: “The needs of society are far too diverse for a single approach.

READ MORE: EU Just Hammered Itself With New Law Giving It Huge Power

“It’s always the seats, the paint, the body, the interiors, the wheels, the axles.

“For some, if you work in fuel injection systems or transmissions, it’s probably a bigger transition.

“I would say that for 70 to 80% of the automotive supply industry, there is no transition”

Germany’s largest supplier of auto parts, Continental, has explained how “social harmony would be compromised” if climate policies were not accompanied by programs that allow people working in fossil fuel-dependent industries to get more money. employment opportunities.

Ariane Reinhart, board member for human relations and sustainability at the Hanover-based company, said: “We can transform, but we cannot have discontinuity.

“Creating the conditions for climate protection means not only accelerating transformation, but also preventing large-scale unemployment. “


Source link

Kevin A. Perras