European Union puts New Emissions Regulations On Hold. For a While
It seems automakers have won a minor respite in Europe. The European Union's 120 g/km emission limit was originally set to go in 2012. Now it's looking like it'll be delayed until 2015. Automakers have been vehement in their opposition, especially as the economy squeezes their spending money. Only Italy stands in opposition to the delay in standards. For some arcane reason, there are variations in the way the 130 g/km standard will be applied, and will likely hit small car automakers, like Fiat, harder than larger cars. The discrepancy is not negligible. Fiat could face standards of up to 122 g/km by 2012 while BMW and other large car automakers only have to adhere to the much looser 137 g/km standard. The goal has not yet been finalized but France, the current nation holding presidency for the EU, has indicated support of the proposal as well as the European Commission. This agreement is but a momentary victory for automakers, which are averaging around 160 g/km for most major parties. Another target CO2 limiting target was agreed upon: 95 g/km by 2020. Our take? This reprieve may be a necessity, but what do you think the odds are that when 2015 rolls around automakers will be clamoring for another delay? via Motor Authority
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