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Europe's Carmakers Say CO2 Rules Will Hurt Competitiveness
European carmakers, who have complained about the cost of meeting EU's future carbon dioxide emission standards, say those costs will make them less competitive in other markets, Reuters reports.
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European carmakers, who have complained about the cost of meeting EU's future carbon dioxide emission standards, say those costs will make them less competitive in other markets, Reuters reports.
The European Commission has ordered carmakers to achieve an overall average CO2 emission level of 95 grams per kilometer by 2021 compared with about 123 g/km in 2014. Industry group ACEA says reaching that goal will push car prices up as much as €2,000 per unit.
The EU meets this week to review the current target and set rules for a subsequent round of emission reductions.
ACEA chairman and Renault-Nissan Alliance CEO Carlos Ghosn tells reporters the industry wants policymakers to focus on the overall CO2 contribution of transport. He says carmakers urge that future rules include such factors as fuel blends, driving behavior, infrastructure and the impact of intelligent transport systems.
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