The European Parliament (EP) has backed a 20% reduction of CO2 emissions from light vehicles by 2020 , and a 35% cut by 2030 . Member states' environment ministers will meet on 9 October to agree a position on the matter, with the German presidency reportedly advocating a 35% target. It would essentially force the industry into a dramatic transformation in record time.” The European Commission had proposed a 20% reduction by 2030 . The The European Parliament has also reinstated a penalty system for carmakers who fail to reach the target, which had been removed by the Commission on the urging of the Austrian car lobby.
The European Parliament (EP) has backed a 20% reduction of CO2 emissions from light vehicles by 2020 , and a 35% cut by 2030 . Member states' environment ministers will meet on 9 October to agree a position on the matter, with the German presidency reportedly advocating a 35% target. The European Commission had proposed a 20% reduction by 2030 . The The European Parliament has also reinstated a penalty system for carmakers who fail to reach the target, which had been removed by the Commission on the urging of the Austrian car lobby.