Germany's Scholz: disagree with EU fines for carmakers who miss CO2 limits
Updates with proposal from economy minister, background
BERLIN, Nov 25 (Reuters) -German Chancellor Olaf Scholz said on Monday there should be no fines in the European Union for car companies that do not comply with carbon emission limits.
"The money must remain in the companies for the modernisation of their own industry, their own company," he told reporters.
Earlier on Monday, Economy Minister Robert Habeck said he was open to temporarily suspending fines due next year if carmakers could offset their CO2 limits by exceeding their targets in 2026 and 2027.
"On the fleet limits, my position is as follows: We are sticking to the fleet limits and are being pragmatic about the transition," Habeck said after a meeting with Italian Industry Minister Adolfo Urso in Berlin.
He said this would give companies flexibility and an incentive to make further progress in climate protection without forcing them to pay billions in fines.
According to the European Union's regulations, average emissions of registered new cars in 2025 must be 15% lower than in 2021, but a drop in electric vehicles sales have made achieving this target more difficult.
Reporting by Andreas Rinke, Markus Wacket and Christian Kraemer; Writing by Sarah Marsh and Riham Alkousaa; Editing by Miranda Murray
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