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Germany, EU reach agreement in combustion engine row

Germany and the European Union announced Saturday that they have reached an agreement in their dispute over the future of cars with combustion engines, allowing the registration of new vehicles with such engines even after 2035 provided they use climate-neutral fuel only.

Cars give off exhaust fumes as children head to school in Frankfurt, Germany, on Monday, Feb. 27, 2023. (AP Photo/Michael Probst, File)

California may punish oil companies for high gas prices

California lawmakers on Thursday will vote on whether to allow penalties on oil companies for price gouging at the pump, a first-in-the-country proposal aimed at stopping the kind of spikes last summer that caused some drivers pay up to US$8 per gallon as the industry reaped super-sized profits.