Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil
Green Car Congress
APRIL 10, 2009
The dangerous part is with the price of oil likely to drop, demand for fuel will go up. So if governments don’t want to see their greenhouse gas reduction targets go up in smoke, they have to take measures to dampen demand for transport. Delayed implementation in the EU27 of the Baseline objective (130 g/km) until 2015.
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