Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards
Green Car Congress
NOVEMBER 11, 2016
The European Union (EU) recently adopted CO 2 emissions mandates for new passenger cars, requiring steady reductions to 95 gCO 2 /km in 2021. Tightening CO 2 standards further after 2021 would cost the EU economy an additional €24–63 billion in 2025, compared with an emission trading system that achieves the same economy-wide CO 2 reduction.
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