The world’s car fleet could half its fuel consumption between 2005 and 2030, if only governments would set taxes and charges that encourage fuel efficiency and not enhanced performance. That is the finding from a study by the Global Fuel Economy Initiative , which says in many OECD countries, average new car fuel economy could be down to just over 4 litres per 100km (60 miles per gallon).
[mailchimp_signup][/mailchimp_signup]But the report, ’50 by 50, Prospects and Progress’ says existing cost-effective technologies will only be made maximum use of if a regulatory and fiscal environment is created that steers makers towards focusing on fuel efficiency and consumers towards buying energy-efficient cars.
Click here to read the report.
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.