AUTO INDUSTRY Co2 RECYCLING DISAPPPOINTS

BY ALAN OSBORN Brussels has expressed disappointment at the European motor industry's voluntary efforts to curb CO2 emissions from new cars and has raised the prospect that legislation, possibly involving tax disincentives, may now have to be considered. The voluntary commitment made in 1999 by the European, Japanese and Korean car manufacturers was to reduce carbon dioxide emissions in new cars to 140g/km by 2008/09 but new figures released by the European Commission show that in 2004 the average level was still 161g/km. Admittedly this was 12.4% below the 1995 ...


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