EU carmakers offer conditional 20% CO2 cut by 2030
The further 20% cut proposed by European Automobile Manufacturers Association would reduce average CO2 emissions goal to 76gm/km
Frankfurt: European carmakers offered a further 20% cut to average carbon dioxide emissions in the next round of EU goals currently being drawn up, but said full compliance should wait until 2030 and remain conditional on consumer uptake of electrified cars.
The industry needs a “clear and foreseeable time frame” for emissions goals beyond 2021, when a new limit of 95 grammes of CO2 per kilometre is due to enter force, said Daimler boss Dieter Zetsche, who currently chairs Brussels-based European Automobile Manufacturers Association (ACEA), the main European carmakers’ association.
The further 20% cut proposed by ACEA would reduce average CO2 emissions goal to 76 grammes per kilometre.
Full implementation of the next round of goals should be conditional on consumer acceptance of the dozens of electric cars and rechargeable hybrids currently in development, Zetsche also told reporters at the Frankfurt auto show.
“This conditionality principle links Europe’s long-term climate objectives to the reality of the market,” he said. Reuters
Editor's Picks »
- Same-store sales growth trips at Future Retail
- Cipla Q4 FY18 results no reason to reverse stock underperformance
- Dr Reddy’s Q4: It’s a wait and watch, share price spike notwithstanding
- What SBI Q4 results say about the Indian economy and the bank
- Patanjali’s slowing growth does not mean that Colgate’s is accelerating