News

Energy strategy seeks more use of economic instruments

June 21, 2007

EU transport and energy ministers have called for “more active use of economic instruments” to encourage people to buy more fuel-efficient cars.

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The call came as part of a new European energy strategy for transport agreed earlier this month aimed at ensuring that transport is “secure, sustainable and affordable” in the long term.

The strategy has four main priorities: improving energy efficiency, increasing use of alternative and renewable fuels, encouraging energy-aware behaviour among transport users, and integrating transport systems to avoid wasting energy.

The ministers hope for a prominent role for biofuels on roads, and call for an assessment of the potential for renewable fuel in aviation.

This news story is taken from the June 2007 edition of T&E Bulletin.

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