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Volkswagen faces EU fine for missing 2020 emissions targets

Volkswagen faces a fine of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide emissions from its 2020 passenger car fleet, the world's largest carmaker says.

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EU drafts deal to upgrade 2030 climate change target next month

The European Union has drafted a deal to curb greenhouse gas emissions by at least 55% by 2030, against 1990 levels, a target it hopes its 27 members will endorse at a summit next month, the document showed.

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