Commission ready to help Europe's car industry

As we all know, the auto industry is sometimes subsidized by Governments, especially in hard times like this. In the case of the EU, its Commission President Jose Manuel Barroso and Industry Commissioner Guenter Verheugen have announced that the European car industry would get help - if automakers produce clean cars. The European Automobile Manufacturers Association (ACEA) wants a €40 billion loan package to help it develop EU-required green technologies. ACEA claims that, without this help, they won't be able to meet any of the carbon limits proposed for 2012, even though the European Investment Bank said that they've already lent about €7 billion. Besides the money, ACEA is asking for other types of help, including incentives for car owners to scrap vehicles over eight years old.
[Source: Automotive News (subs. req'd)]
Reader Comments (Page 1 of 1)
gorr 6:21PM (11/04/2008)
This is a very dangerous place to live, europe. There is been millions of prople kill by politic people and religious people too over the years that shaped their actual mentality. Rome demise by gay, inquisition murders by catholic church, communism by lenine, napoleon killing and starvation, viking devastation of early churchs, first world war, second world war, death camps, killing of all the kings, atomic experimentation by chirac, psychiatry experimentations, disease of all sort. Do you think that these peoples are really positive about bringning a green car into reality?? No there not, what they do is just spreading more communism and state regulations to put everyone on the most lower level by driving diesel downsized to the maximum micro-cars that still pollute.
They say to build green cars in that article but don't say what is a green car for them?? Is it diesel, natural gas, battery, phev, hydrogen ice, hydrogen fuelcell ?? So what will they build with that 40 billion euros ??
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80N541 6:31PM (11/04/2008)
As an european, i can't let it go thay way.
Do you think that america is a better place to live? how many death by gun only in LA this year?
How many native have you killed by giving them with contamined clothes?
America had come in WW2 only by economic interest and fear of the third reich (wich i agreed for the last point). but who was the personal banker of hitler? Bush's granfather...rhôô
how have you tested your nuclear weapons in 40s with the Manhattan project? by sending your own troups on site and they're all dead...rhôô
how much have you lost in irack and afghanistan? only for oil interest...rhôô. and don't tell that the democracy can be lay done (wich is your official excuse for going there), demacracy has to be wanted to live. a democracy would not let be ine existence such things like guantanamo ...
how could talk about fuel consumption with your all "big V8 oil sucker" wich use 25% of world oil production with only 5 % of world population?
your so called first world economy has proved these month that banking system is not for people like you.
i could say such hurting things like you did
you see? there is a lot of prejudges in both sides of atlantic (and every where). don't say something that could hurt people.
no offense man! peace keep cool
hope that this night, you will start to change ;-)
gorr 10:51AM (11/05/2008)
I didn't say that america is not dangerous or stupid as a whole, i said that europe is a dangerous place. All and all only a place that use a water electrolyser to propel a car forward will be a place that is normal to live and only two such car exist in the world one in philipine and one in u.s by stan mayer, so basically 2 peoples are not stupid criminals that see little demons in their 'head'.
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Debra 7:13AM (11/06/2008)
I think it's an absolute scandal that they are being offered this money. Greenpeace and many others have shown that ACEA can reach the targets for CO2 emissions by 2012. In fact there are over 100 models available now that are under the limit.
So if they can already make the target, why do they need the money and just what will they spend it on?
http://weblog.greenpeace.org/cars/
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