More news about the ever-shifting CO2 legislation targets from the European Commission. As you probably recall, the latest talk is that original 120 g/km target will be weakened to 130 g/km and the timeline to reach that goal will be extended. Turns out, we may never see a vote on the new numbers because the EU Parliament's Legal Affairs Committee decided last week that the 130 g/km target would be illegal and work on any proposed legislation might have to start all over again next year. The UK'
California has announced a very ambitious plan to reduce pollution by 10 percent from current levels by 2020. If we take the forecasted population increase into account, that means that the state intends to reduce annual emissions to 10 tons of CO2 per person in 2020 from 14 tons per person currently.
The EU will likely offer a "discount" for automakers regarding CO2 emission levels. Günther Verheugen (pictured above), vice-president of the European Commission and Industry Commissioner, is giving a hand to European automakers, mostly the Germans, who say they can't reduce their average fleet emissions to under 120 g/km of CO2 by 2012. He actually said that "even the Commission knows that new cars won't be able to meet that average that year." Therefore he suggest that the European Parlia
Austria is also changing its taxing system to "punish" the most polluting cars on the road. The new tax scheme, which is called NoVa-Reform, consists of a bonus-malus system that saves or adds taxes to cars depending on a number of factors.