Europe: carmakers dread EU’s 2030 CO2 reduction target image

The European Union recently decided to allow the inclusion of transport pollution into the EU’s carbon emissions trading system – part of the overall view on 2030 climate and energy targets.

Detractors say the move – which creates the conditions for individual countries to decide whether transport should be integrated into the European cap-and-trade system – allows automakers to artificially lower their overall CO2 emissions (they would simply pay if they didn’t meet the limits). On the other hand, the automakers themselves don’t seem overly enthusiastic because it creates uncertainty – they don’t know which member states would adopt the rule and say fuel suppliers might increase prices to compensate for their losses stemming from the inclusion into EU’s carbon emissions trading system.

According to automotive industry lobby group ACEA, it’s a great idea that “the framework calls for a comprehensive and technologically neutral approach to transport-related emissions.” Their position is that the regulator shouldn’t pick sides and mandate specific technology – they would be better of by just creating the necessary framework then just allow the market to decide which suits best the current conditions. According to the association, European carmakers are already world leaders when it comes to fuel economy as the EU carbon regulations mandated challenging targets and established the necessary timetable.

Via Automotive News Europe