Europe blinks in its commitment to a great green transition

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Europe blinks in its commitment to a great green transition
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Europe made big, bold promises to slash carbon emissions to slow global warming, but now the bill is coming due, and governments are starting to blink at the cost — political and economic.

Sunak’s gambit to commit to more domestic drilling was inspired in part by the results of a one-off parliamentary election in the London suburbs — for the seat that former prime minister Boris Johnson abandoned when he quit the House of Commons. There, voters signaled they were opposed to the pollution charges ordered up by London Mayor Sadiq Khan, from the opposition Labour Party, to limit the number of petrol cars allowed into the central city.

But the push suggested the rising discontent among auto industry executives and workers across the continent over a total switch to electric vehicles, and the end of cars using internal combustion engines — whose production is linked to tens of thousands of jobs in Germany, Italy and beyond. Despite those claims, analysts say that rolling back already agreed-upon E.U. rules remains a long shot. But new agreements are more vulnerable.

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