The newly elected mayor of London, Boris Johnson, has abandoned plans for basing the London congestion charge on CO2 emissions. The plans, which included charging the worst cars over €30 and led to a legal challenge from Porsche, were launched earlier this year by Johnson’s predecessor Ken Livingstone. The London congestion charge remains unaltered.
The European Commission adopted today a package entitled "Towards Greener Transport" which included a long-awaited strategy to allow transport to pay for the costs that they cause to environment and society. The package includes a legislative Proposal to revise the Eurovignette Directive that aims to remove a legal obstacle which prohibits trucks being charged for the costs that they cause in terms of congestion and pollution.
The rising price of oil is good news, according to the head of the Organisation for Economic Cooperation and Development (OECD). Speaking at the OECD's annual meeting, Angel Gurria said it would be 'disastrous' if the world’s richest nations cut fuel taxes or subsidised prices, as rising prices are a clear signal to consumers and companies to cut their fuel consumption.