The European Parliament ( EP ) has backed a 20 % reduction of CO2 emissions from light vehicles by 2015 , and a 40 % cut by 2020 . Member states ' environment ministers will meet on 9 October to agree a position on the matter , with the Austrian presidency reportedly advocating a 30 % target . The European Commission had proposed a 40 % reduction by 2030 . ’s revision hopes to shield her report from industry attacks ahead of a crucial vote on Wednesday (3 October). The 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 German car lobby .
The European Parliament ( EP ) has backed a 20 % reduction of CO2 emissions from light vehicles by 2015 , and a 40 % cut by 2020 . Member states ' environment ministers will meet on 9 October to agree a position on the matter , with the Austrian presidency reportedly advocating a 30 % target . The European Commission had proposed a 40 % reduction by 2030 . The 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 German car lobby .