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New study on impact of fuel efficiency on oil prices could change thinking

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A new study commissioned by T&E has suggested that current thinking about the fuel consumption of vehicles has left out an important element – the impact of fuel efficiency standards on the price of oil. The report could change the way governments, politicians and the EU views the pricing of transport.

EEA: Transport still going in the ‘wrong direction’

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The head of the European Environment Agency says transport trends are still 'pointing in the wrong direction'. She was speaking as the EEA issued a report saying greenhouse gas emissions from transport in the EU have increased by 36% from 1990-2006.

Study: fuel efficient cars lead to lower oil prices

European fuel efficiency standards for new vehicles will lead to a lower global oil price according to a groundbreaking new study published today by Enerdata energy consulting. National governments must respond by increasing fuel taxes to counteract the increase in oil demand and greenhouse gas emissions that would result, according to T&E who commissioned the study.