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

Green Car Congress

They assessed purchaser technology choice for new vehicles on a cost-effectiveness basis using net present value (NPV) as a decision criterion, with parameters chosen to take account of factors such as consumer myopia with regard to fuel cost savings. With R&D plus a €100/t CO 2 carbon tax, lifecycle CO 2 emissions reduction doubles to 16?19%