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Tough CO2 targets 'could cost 100,000 jobs': VW chief
JAY GORY, MANAGING EDITOR, science
Setting European Union targets for reducing cars' greenhouse gas output that are too ambitious could backfire with the loss of 100,000 jobs, Volkswagen chief executive Herbert Diess said Thursday. If ministers aimed to slash carbon dioxide (CO2) output by 40 percent between 2020 and 2030, "around a quarter of the jobs in our factories would have to go in the space of 10 years -- a total of 100,000 posts," Diess told daily Sueddeutsche Zeitung. EU governments agreed Tuesday to aim for a 35-percent reduction in CO2 output by 2030 rather than the 30 percent hoped for by manufacturers, Berlin and eastern European governments. read more
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