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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

The model also includes representation of fleet turnover, and opportunities for fuel use and emissions abatement, including representation of electric vehicles. Emissions trading or a carbon tax is going to achieve their emissions goals at the lowest possible cost to society. —Sergey Paltsev.

Standards 218
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Advanced combustion technologies alone could reduce CO 2 tailpipe emissions by 40% from current average levels for new-vehicle fleets of 250 to 270 grams per kilometer (g/km) in the United States, 150 to 170 g/km in Europe, 130 to 140 g/km in Japan, and 200 to 215g/km in China, according to the analysis. Source: BCG. Click to enlarge.

CO2 246