Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil
Green Car Congress
APRIL 10, 2009
120 g/km by 2012, decreasing to 80 g/km by 2020 and 60 g/km by 2025, in the EU27 plus the EFTA countries Norway and Switzerland. It does not consider potential diffusion of the standards to other regions, which, “ would certainly lead to a different outcome on international markets, particularly with respect to the price of oil.”
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