The chief executive of France’s Renault has warned new European emissions regulations could cost up to 70,000 jobs in France, despite delivering little benefit in tackling climate change.
Luca de Meo made the forecast in an interview at the Financial Times’ Future of the Car 2022 conference on Monday as he justified Renault’s decision to call for delays in implementing fresh rules from Brussels.
“Talking about the French environment and ecosystem, I think that that particular transition will probably cost 50,000 to 70,000 jobs,” he said.
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