[Real Clear Wire] You may not know it if you rely solely on American media, but there is a growing revolt across much of Europe against Net Zero mandates in general and electric vehicle mandates in particular.It seems that, led by luxury carmakers, the future may be bright for the venerable internal combustion engine if new synthetic fuels technologies can produce an affordable replacement for gasoline and diesel fuels.
The revolt had been brewing ever since Europe got a wakeup call with Russia’s invasion of Ukraine that upset the Net Zero applecart and led even Germany to reopen coal-fired power plants. Still, the EU last November had struck a provisional deal on a new vehicle emissions law that would have banned the sale of internal combustion engine (ICE) vehicles by 2035.
Two months later, though, the new Meloni government in Italy began to raise objections. The forced transition to EVs has already hit the Italian auto industry with job cuts, leading Transport Minister Matteo Salvini to argue that it makes no sense to put thousands of jobs at risk when there are plenty of reasons to keep ICE vehicles on the road with a carbon-neutral fuel.
Italy’s balking opened the door for German Finance Minister Christian Lindner to switch his government’s position to demand an exception for hydrogen-derived, carbon-neutral synthetic e-fuels (produced by electrolysis with added carbon) that can power ICE vehicles. Porsche, which has invested $75 million in a pilot plant to make e-fuels, and Ferrari could preserve their rich heritage and iconic models and still comply with zero-emissions requirements with e-fuels.