DEAL STRUCK ON EU CO2 EMISSIONS LIMIT PLANS

 AN AGREEMENT was struck last night in Brussels over plans to introduce a 95 grams of CO2 emissions per kilometer target for new automobiles sold in the European Union (EU) by 2020. Representatives from the European Parliament and the EU Council of Ministers thrashed out solutions to remaining disagreements about how these emissions are assessed, long term targets and special exemptions for auto-makers making ultra-low emission vehicles. The text will be taken on Thursday to a committee of high ranking EU diplomats representing the 27 member states, and ...


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