Even if carbon prices in Europe’s emissions trading system (ETS) trebled from today’s levels , including road transport in the ETS would only reduce oil use and CO2 emissions from transport by 3% over the next 15 years, a new study by Cambridge Econometrics reveals. This level is insufficient for road transport to make a proportionate contribution to Europe’s climate and energy security goals.
Opinion by Jos Dings - T&E Director
Did we miss something? Last year, the European Commission didn’t propose a single new legislative measure to clean up transport. To be fair, it has been spending most of its time worrying about the future of the Eurozone. As a result, for T&E this was the sort of year where seeds for smarter transport policy were sown. We’re optimistic that next year could bring a decent crop of positive changes.