European automakers face tough CO2 emissions reduction target for 2030
The compromise was tougher than the original EU executive proposal of an emissions decline of 30 percent compared to 2021. EU negotiators also fixed an interim CO2-cut target for cars and vans of 15 percent by 2025, according to Automotive News.
The 28-nation bloc has been divided for months over how strict to be on CO2 emissions from vehicles as part of its push to reduce greenhouse gases.
Germany, with the EU’s biggest auto sector worth some 423 billion euros in 2017, had warned that tough targets and the drive towards more electric cars could harm its industry and cost jobs.
ACEA, the European auto industry’s lobby group, expressed “serious concerns” about the 2030 target because delivering a 37.5 percent CO2 reduction “might sound plausible but is totally unrealistic based on where we stand.”
The EU’s current average caps on CO2 from cars are 130 grams per km set for 2015 and 95g/km fixed for 2021.