2020, Carbon, Fuel Tax and Oil Prices

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2020

Carbon

Fuel Tax

Oil Prices

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. Carbon accounting practices have a strong impact on total emissions. R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2.

Transportation

Transportation Europe Climate Change Emissions

EV Driven

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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