Europe spends billions subsidizing ICE company cars
October 23, 2024
As Europe pushes to phase out fossil fuels, a new study finds that, ironically, the EU’s five biggest members are pouring billions of dollars a year into subsidizing ICE company cars – to the tune of $42 billion ($45.60 billion) a year.
According to a new study, as reported by Reuters, certain countries in the EU are heavily subsidizing the purchase of new fossil fuel company cars – by $42…