Europe extends deadline for CO2 reductions

  • 04-Dec-2008 10:57 EST

According to InterRegs, representatives of the European Parliament and the European Council have reached a tentative compromise on the draft regulation introducing mandatory CO2 emissions limits for passenger cars. The original draft regulation specified that passenger car manufacturers meet an average CO2 emissions limit of 130 g/km by 2012 or pay excess emissions premiums. To ease the burden on the automotive industry while still achieving Europe’s ambitious environmental goals, the bodies proposed a compromise phase-in schedule that would see 100% compliance three years later, in 2015. Under the proposal, 65% of each manufacturer’s vehicles would have to meet the 130 g/km target in 2012, 75% in 2013, and 80% in 2014. The proposal also revises the excess emissions premiums for non-compliance and introduces a long-term CO2 target of 95 g/km by 2020. This compromise proposal is now under consideration by the European Parliament and the European Council for final adoption. (The parliament and council are equivalent to the House of Representatives and Senate in the U.S.)

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