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Participants in the EU CO2 limits telenovela discussion might be seeing the light at the end of the tunnel. Despite industry pressures and the tour de force battle between France and Germany, the European Parliament seems to have reached something that resembles a final agreement, even though negotiations will continue this week. Currently, the final agreement looks like this: starting in 2012, average CO2 emissions from new cars will be reduced by about 18 percent to 130 g/km, with full complia

It seems so often the case that proposed regulations start out quite high and are then bartered down when the affected parties complain loud enough. This could again be the case with European Union legislation targeting automobile emissions. When the laws were first being considered, the bar was set at 120 grams of C02 per kilometer for an entire automaker's fleet of vehicles. First, we heard news that German car companies may be able to negotiate a break on these requirements, and now we hear t