Options for carbon regulation of the European car industry
Alex Veitch, Energy Saving Trust, London – UKKeywords
carbon, cars, regulation, emissions, trading, voluntary agreement, CO2Abstract
The current voluntary agreement between automotive manufacturers and the European Commission to reduce new-car average CO2 is structurally flawed and is in serious danger of failure. This paper explains why carbon regulation for new passenger cars would be a politically popular measure that is necessary to provide industry with genuine certainty. The paper goes on to discuss key ways to frame the regulation, such as whether to adopt a model-range – rather than sales-based – average, and how to integrate a trading mechanism to the regulation. The paper examines the options and concludes that a company-specific CO2 target with flexibility for higher- CO2 producers provided by a “utility” target or percentage improvement approach appears to be the most attractive option.
Paper
Download this paper as pdf: 8.085_Veitch.pdf.
Panels of the eceee 2007 Summer Study:
-
Panel 1: The foundations of a future energy policy. Longer term strategies
-
Panel 2: Strategies and general policies
-
Panel 3: Local and regional activities
-
Panel 4: Monitoring and evaluation
-
Panel 5: Energy efficient buildings
-
Panel 6: Products and appliances
-
Panel 7: Making industries more energy efficient
-
Panel 8: Transport and mobility
-
Panel 9: Dynamics of consumption

