On this page of the Autotouring, we have repeatedly complained about excessive EU regulations that affect the efficiency of our European companies, both in the mobility industry and in other sectors. The automotive industry is certainly one of the sectors that suffers most from these excesses, but the entire European economy is affected.
After the Draghi report on the future of the EU’s competitiveness pointed out the possible negative effects of overregulation in the area of sustainability, the EU Commission put together several so-called ‘omnibus packages’. These packages aim to simplify procedures and limit the scope of directives and regulations, particularly in the area of companies’ publication of non-financial information, the publication of sustainability information in the financial sector, corporate sustainability, etc.
Even if the mobility industry is not directly affected by these measures, these proposals should still be seen as an admission of guilt by the European Commission. It has gone too far.
The Commission emphasises that the Green Deal and attention to people and society are still of great importance. However, it is giving in to the influence of numerous economic sectors and to international pressure, particularly from the US, to deregulate.
While the US is questioning many aspects of sustainability, good governance, diversity and inclusion, Europe is wondering what compromises it will have to make in order to survive economically.
In this context, the future of mobility, including the future of the various propulsion technologies for our means of transport, has become less clear. Nothing can be taken for granted anymore. In the automotive sector, for example, the legal obligations, which are often considered unrealistic, have given way to complete uncertainty regarding investment opportunities. This situation is certainly no better.
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