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May 9, 2021
FRANKFURT – Volkswagen has softened its stance on tough new European carbon dioxide emissions targets for automakers, betting it can absorb more stringent cuts than its rivals, sources familiar with the matter have said.
The EU last month raised its target for cuts in net greenhouse gas emissions to 55% by 2030 from 1990 levels instead of 40% and Europe’s automakers will find out in July what their contribution on carbon dioxide emissions is expected to be.
Three sources said that Volkswagen, which owns car brands including Porsche, Audi, VW, Seat and Skoda, is quietly letting policymakers in Brussels know that it would support more ambitious cuts in emissions than other car manufacturers.
Battery Megafactories Surge in Europe as Region Pushes Green Agenda
Can Europe become a leading region for battery manufacturing to supply the growing needs of its EV market? Read on to see what experts had to say.
In the past year, Europe took over the top place from China as a growing electric vehicle market, with the outlook for 2021 also looking bright.
But if there’s a clear fact is that the EV space will require batteries, and to meet that demand megafactory capacity plans are being put in place at a rapid pace.
Here, the Investing News Network (INN) takes a deeper look at how Europe is positioning itself as a leading region for battery manufacturing to supply the growing needs of the electric vehicle sector.
How low can you go? Volkswagen throws down the emissions gauntlet
By Christoph Steitz, Gilles Guillaume and Kate Abnett
Reuters
FRANKFURT (Reuters) - Volkswagen has softened its stance on tough new European carbon dioxide emissions targets for automakers, betting it can absorb more stringent cuts than its rivals, sources familiar with the matter told Reuters.
The EU last month raised its target for cuts in net greenhouse gas emissions to 55% by 2030 from 1990 levels instead of 40% and Europe s automakers will find out in July what their contribution on CO2 emissions is expected to be.
Three sources told Reuters that Volkswagen, which owns car brands including Porsche, Audi, VW, Seat and Skoda, is quietly letting policymakers in Brussels know that it would support more ambitious cuts in emissions than other car manufacturers.
The itinerant Gonzo Gallery will change its name to “Fat City Gallery” upon its next move in May.
The popular gallery, which over the past decade has engaged a youthful audience and sparked creative dialogue rarely found in the Aspen art scene, has specialized in work related to the author and local icon Hunter S. Thompson, illustrator Ralph Steadman and printmaker/activist Tom Benton among others counterculture figures.
On May 15, the gallery will move to 529 E. Cooper Ave. and reopen as Fat City Gallery, marking a pivot away from Thompson while also paying homage to Thompson’s campaign promise to rename Aspen “Fat City” during his 1970 campaign for sheriff of Pitkin County.