The following is the methodology note for the calculations used in T&E's original video 'Stop the Oil Waste', which details the waste from inefficient cars in Europe because of weakenings in proposed legislation.
This waste is worth 35 billion EUR a year! The more fuel-efficient a car is, the cheaper it is to run. The European Parliament is currently deciding how fuel-efficient future cars in Europe should be. Weakening of the proposed car fuel-efficiency law (95 grams of CO2/km) will cause huge levels of oil waste and money.
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.