The European Commission has put forward proposals to implement targets that might considerably reduce carbon dioxide (CO2) emissions from new cars and light commercial vehicles (vans) by 2020. The mandatory targets for 2020 are already envisaged in existing legislation but require implementation. Following thorough technical and economic analysis by the Commission, the Regulations proposed today establish the modalities by which the targets would be achieved.
Connie Hedegaard, EU Commissioner for Climate Action, said: »'With our proposals we are not only protecting the climate and saving consumers money. We are also boosting innovation and competitiveness in the European automotive industry. And we will create substantial numbers of jobs as a result. This is a clear win-win situation for everyone. This is one more important step towards a competitive, low-carbon economy. More CO2 reductions beyond 2020 need to be prepared and these will be considered in consultation with stakeholders.«