« Ford May Pick India's Tata as Preferred Bidder for Jaguar |
Main
| GM raises prices 1.5%, will offer buyouts to 5,200 workers »
December 19, 2007
BRUSSELS, Belgium -- Carmakers would be required to cut carbon dioxide emissions in new cars sold in Europe starting in 2012, a move that could add almost $1,900 to the price of automobiles, under rules proposed Wednesday by the European Commission, according to the Associated Press.
The plan, which needs the backing of European Union governments, would put a heavier burden on producers of larger and heavier cars to meet new binding emission limits and would fine all carmakers that sell vehicles in the 27-nation bloc if they exceed the target, EU Environment Commissioner Stavros Dimas said.
"Passenger cars account for about 12 percent of overall EU carbon dioxide emissions and emissions from transport are continually increasing," Dimas said. "The aim of the legislation is to reduce CO2 emissions from cars in order to help fight climate change."
Automakers, many of which tried to water down the plan, would be forced to reduce average emissions of CO2 from new passenger cars sold in the EU from around 160 grams per kilometer to an average 130 grams per kilometer in 2012.
Posted by Peter C. T. Elsworth
at 9:42 AM to Environment
, Government regulations
| Permalink
Please be civil. Vicious comments, personal attacks and profanity won't be published.