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

Green Car Congress

By working out that the price of oil will fall when the EU’s regulations fully take effect, the study suggests that the European economic benefits of fuel efficiency have been underestimated, in general by up to 17%, according to T&E. There are two clear messages from this, one good, the other a little dangerous.

Oil 150
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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008. Source: Technology roadmap. Click to enlarge.