Report: Tough EU fuel economy rules could create 443,000 jobs

Robust fuel efficiency standards for cars could create up to 443,000 new jobs by 2030 and add €16 billion per year to Europe’s GDP, according to the first economic study of the effects of CO2 legislation on the auto-industry.

Implementing the EU’s proposed 2020 auto-standard of 95 grams of CO2 per km (g/km) for automobiles and 147 g/km for vans - as a stand-alone measure - could result in 356,000 new jobs, says the report by Cambridge Econometrics and Ricardo-AEA.

• Primary Source

ESO: Background Information: Car manufacturers 'manipulating fuel efficiency tests', report says http://www.europeansources.info/record/car-manufacturers-manipulating-fuel-efficiency-tests-report-says/

---