The EU has set a legally-binding target for new cars to emit no more than 95 grammes of CO2 per kilometre (g/km) by 2020. The target for vans is 147g/km. In July 2012, the European Commission announced its proposals on how these targets should be met. These proposals are currently being considered by the European Parliament and Council. The Commission did not propose further standards for 2025.
This briefing outlines the arguments for setting strong 2025 targets and explains why industry arguments for delaying these targets are unfounded and would set back progress. It is based on new research by consultancy Ricardo-AEA (also downloadable in this page) as well as other evidence.
Europe must stand firm over its future targets for carmakers as it cannot afford to fall further behind China.
The decision to create a Europe-wide carbon price was right but creates significant political risk. The good news is it can still be fixed.
It's about time the EU requires parts of key products to be made locally – and nowhere is this more urgent than in the battery sector.