Scholz Opposes EU Fines for Carmakers Missing CO2 Emission Limits
German Chancellor Olaf Scholz has voiced opposition to the European Union's proposal to impose fines on carmakers who fail to meet CO2 emission targets. Scholz expressed concerns that such penalties could negatively impact the automotive industry, particularly during a time when companies are transitioning toward greener technologies. His stance reflects broader debates within the EU over how to balance environmental goals with economic and industrial interests.