EU Proposes 2020 Cap on Carbon-Dioxide Emissions On Cars
The European Union renewed its crackdown on carbon-dioxide emissions from cars by seeking a binding target for 2020 that’s 27 percent below the existing limit, the bloc’s latest attempt to lead the fight against climate change.
The European Commission proposed Wednesday to cap average CO2 emissions by passenger vehicles in the EU at 95 grams a kilometer in 2020 through varying targets for individual manufacturers ranging from Volkswagen AG to General Motors Co. Current EU legislation requires carmakers to cut discharges to 130 grams a kilometer on average in 2015 and sets a non-binding goal of 95 grams for 2020.
The new draft law, which needs to be approved by EU national governments and the European Parliament in a process that can take a year or longer, would help the bloc achieve its goal of reducing greenhouse gases including CO2 by a fifth in 2020 compared with 1990. The commission is the 27-nation EU’s regulatory arm in Brussels.
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