CO2 standards for new vehicles have been proven to work and new targets should be introduced for 2025 and 2030, a report for the European Parliament’s transport committee has said. The limited quantities of available biofuels are also highlighted, while the shift to electric vehicles is ‘inevitable’.
New research has suggested that investing in public and low-emission transport could bring massive financial savings in addition to making a sizeable contribution to reducing greenhouse gases.
Further decarbonisation of transport through a shift to alternative fuels and electro-mobility forms a major part of the European Commission’s strategy for an ‘energy union’, unveiled last week. With transport being responsible for more than 30% of EU energy consumption and a quarter of emissions, the Commission said legislation on ‘decarbonising the transport sector, including an action plan on alternative fuels’ would be put forward in 2017.