EU agrees compromise CO2 deal to delay 95 g/km limit to 2021
The EU has come up with a sensible compromise proposal for the union's forthcoming legislation to limit passenger car emissions which will now go before politicians and member state governments for approval.
The European Union (EU) will review on Friday (29 November) a compromise deal to delay the introduction of a limit of 95 g/km on passenger cars' CO2 emissions by one year to 2021, according to a Reuters report. If EU diplomats and member state governments rubber-stamp the proposal, it appears the legislation will be ratified and become the legal target which OEMs selling cars in the EU will have to adhere to. The new proposal means that the limit will apply to 100% of passenger cars from large volume OEMs by that time, with 95% of passenger cars having to meet the limit by 2020. The German politicians lobbying on behalf of the country's OEMs have won some concessions according to the report, include the retention of the supercredit mechanism which allows carmakers by build a certain number of higher-emitting vehicles in exchange for manufacturing zero emission vehicles (ZEVs) such as BMW's i3 electric vehicle (EV).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here