A study of measures taken by automotive engineering companies to reduce carbon dioxide emissions in new vehicles. The report aims to discuss the need for policy instruments that can help Europe reduce CO2 emissions from new passenger cars. Debates reasons for aiming to reduce fuel consumption of new cars, and encouraging the development and purchase of electric-hybrid and fuel cell cars. Doesn’t believe the manufacturing industry should have any difficulty producing cars that emit far less CO2, but under present laws and rules, manufacturers, wholesalers and car dealers have no incentive to push the sale of fuel efficient cars. Without a change to regulations or legislations regarding fuel efficiency, or financial incentives, there’s no reason that the passenger car market will support the EU’s climate change policy.
Link: Reducing CO2 Emissions from New Cars: A Progress Report on the Car Industry’s Voluntary Agreement and an Assessment of the Need for Policy Instruments