EU Strikes Deal Mandating Alternative Fuel Infrastructure

Law360, New York (March 20, 2014, 6:37 PM EDT) -- European lawmakers reached an agreement Thursday requiring EU countries to set up infrastructure to support alternative fuels, including recharging portals for electric vehicles and fuel stations for cars that take compressed natural gas.

The deal requires that national plans and targets allow alternative fuel vehicles to move freely in urban areas by 2020. Trucks and other vehicles using liquefied natural gas should be able to travel the EU's Trans-European Transport Networks, or TEN-T, by 2025.

The informal agreement reached by European Council and Parliament negotiators also...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.