Effect of the German phase-in proposal to the 2020 target
Cars are responsible for an eighth of Europe’s carbon dioxide (CO2) emissions. The amount of CO2 produced is directly related to the amount of fuel the vehicle consumes – lower carbon vehicles are therefore more fuel efficient and cheaper to run.
In 2009, the EU set legally-binding targets for new cars to emit 130 grams of CO2 per kilometre (g/km) by 2015 and 95g/km in 2020. In July 2012, the Commission announced the outcome of its review of the modalities (ways) of achieving the 2020 target. In June 2013, a first reading agreement was reached on the proposal confirming the 95g/km target. Following the agreement the German Government successfully delayed a vote in Council and has attempting to overturn the deal. The effect of Germany’s latest proposal, a phase-in of the regulation is described in this paper.
Related Articles
View All
What is the situation with residual values in Europe?
Understanding how Residual Values have evolved and what has driven the change over the last years
Second-hand EVs retain their value better than industry claims, study
Depreciation estimates impact leasing and financing deals, leaving EVs often overpriced. Accurate estimates should make leasing companies, carmakers a...
Unlock public EV charging price transparency and competition
T&E position on the revision of the Alternative Fuels Infrastructure Regulation for Light Duty Vehicles