42 Billion Euros Spent Annually by 5 Largest EU Countries to Subsidize Fossil Fuel Company Cars, Study Finds
The five biggest countries in the European Union spend 42 billion euros each year on subsidizing fossil-fuel-powered company cars, a new study commissioned by Transport & Environment (T&E) says. The report by Environmental Resources Management (ERM), “Company car fossil fuel subsidies in Europe,” called for increased subsidies for electric vehicles (EVs). “This is completely illogical […]
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