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EU Reaches Accord on CO2 Standard for 2020
The European Commission has agreed to a plan to limit carbon dioxide emissions from new light vehicles sold in the region to 95 g/km by the end of the decade.
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The European Commission has agreed to a plan to limit carbon dioxide emissions from new light vehicles sold in the region to 95 g/km by the end of the decade.
Each carmaker will receive its own CO2 fleet target based on its product mix. The plan adopts a proposal by Germany that multiplies so-called supercredits earned when a manufacturer sells ultra-low-emission vehicles. Electric vehicles, for example, will count as two vehicles.
Germany had been lobbying hard to boost supercredits, which will help its makers of large luxury cars meet the emission standard. CO2 emissions of the country's new-car fleet average about 147 g/km, according to the European Environmental Agency.
Some environmental groups complain that this week's compromise would, in effect, shift the CO2 target up by 2.5 g/km to 97.5 g/km.
Others commend the agreement as a big step in lowering greenhouse gas emissions. They note that the European Union's new-car fleet averaged about 136 g/km in 2011.
The approved measure will now go to the European Parliament for a vote to adopt it.
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