EU Automakers Build Green Cars, Win Prizes (sorta)
The EU Commission is pressuring the automotive industry to develop more environmentally friendly cars, with Brussels even instituting an award system.
The EU is already offering credit for investments, to encourage auto makers to reduce the amount of climate-damaging carbon dioxide (CO2) emissions in new cars, Brussels authorities revealed last Monday. According to current EU law, new cars will be allowed to generate a maximum of 120 grams CO2 per kilometer (about 0.6 miles) by 2015. Credit will be allotted to auto makers as an incentive if this value is reduced by another seven grams.
Guidelines from the Commission
The Commission has created a set of evaluation guidelines so that manufacturers are aware of which developments will be monetarily compensated. The basis is the fixed upper limit for CO2 emission, as determined by the European Union. Staggered values follow. All new vehicles sold in the EU must average 130 grams of CO2 per kilometer by 2015. By 2012, the goal is to have 65% of new vehicles meet this standard, in 2013 the goal is 75%, and the following year 80%. If the limits are exceeded, fines will be assessed.
Translated from | Picture: Auto Motor Und Sport