Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards
Green Car Congress
NOVEMBER 11, 2016
They found that vehicle emission standards reduce CO 2 emissions from transportation by about 50 MtCO 2 and lower the oil expenditures by about €6 billion, but at a net added cost of €12 billion in 2020. —Andreas Schafer, Professor of Energy and Transport at University College London, who was not involved in the analysis.
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