| Author (Person) | Bounds, Andrew, Milne, Richard |
|---|---|
| Series Title | Financial Times |
| Series Details | 20.12.07 |
| Publication Date | 20/12/2007 |
| Content Type | News |
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The European Commission proposed legislation, 19 December 2007, to reduce the average CO2 emissions of new passenger cars to 120 grams per kilometre by 2012. The proposed legislation is the cornerstone of the EU's strategy to improve the fuel economy of cars, which account for about 12% of the European Union's carbon emissions. The proposal further underlines the EU's leadership and determination to deliver on its greenhouse gas commitments under the Kyoto Protocol and beyond. The German government and carmakers condemned the plans to cut pollution from cars in Europe that would add €1,300 to the price of the average model as 'harmful' and 'wrong', setting the stage for a divisive fight between European Union members over climate change. Greenpeace urged the European Parliament and EU Environment Ministers to resist pressure from the var industry and strengthen the proposed regulation. The European Automobile Manufacturers Association (ACEA) said the European Commission’s legislative proposal on reducing CO2 emissions from cars, does not offer the proclaimed balanced framework to cut CO2 emissions and to safeguard EU competitiveness and growth. The system, if implemented, would effectively reduce the competitive strength of the European automobile sector and put car manufacturing in the European Union at risk. The proposal would also lead to disproportioned costs compared to the environmental gains and the costs of carbon reduction facing other sectors. |
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| Subject Categories | Business and Industry, Mobility and Transport |
| Countries / Regions | Europe, Germany |
