A new European Union proposal would, if accepted by member states, impose a series of new efficiency standards on automakers throughout Europe. Under the proposed standards the average emissions level of new cars and vans in the EU would be reduced by one-third from the current average (roughly 140 CO2 g/km) to 80 CO2 g/km by 2020. EU officials at the head of the proposal argue that the consumer savings on fuel costs resulting from the move towards increased efficiency would, ultimately, make European automakers more attractive to local buyers over low-cost foreign cars which burn far more fuel.

The legislation has not been received warmly by the European auto industry and is already facing heavy lobbying efforts, spearheaded by European car manufacturers, against its passing.

Source: Analysis in the Guardian

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