South Korean government plans to tighten car emission controls by 2020
News comes after government recently revealed plans to delay the long-awaited carbon tax law until 2020
The South Korean government today (10 September) revealed its plans to strengthen vehicle emission controls by 2020 as it looks to meet global standards for greenhouse gas reduction targets. The South Korean stakeholder ministries, the Ministry of Environment and the Ministry of Trade, Industry, and Energy, are expected to lower the carbon dioxide (CO2) emissions target to 97 grams per kilometre (g/km) for 2016–20, down significantly from the 140 g/km target set for 2012–15. The CO2 target set by the government translates into a fuel consumption requirement of 24.3 kilometres per litre in a vehicle by 2020, compared with the 17 km/l standard set during the preceding five years. Automakers are required to comply with either the CO2 emission requirements or fuel economy standards by the target year.
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
