It makes the following points:
- By 2030, 90% of Europe’s oil consumption will be imported. The EU currently imports oil at a cost of about €1bn every day. This implies that for the EU, policies to cut transport energy use and to substitute oil with truly sustainable alternatives will remain a win/win from both an energy and climate standpoint.
- The Transport White Paper target for transport sector greenhouse gas (GHG) reductions for 2030 – a 20% reduction from 2008 levels - is woefully inadequate. It should be tightened to a 45% reduction, if required annual improvements to 2050 are to remain constant.
- At a general level, inclusion of surface transport in the ETS would be counterproductive; instead we recommend intensification and reform ofthe way transport fuel is taxed (pay where you drive, not where you fill up) as well as further progress in road user charging.