The European Commission on Wednesday (19 December) unveiled proposals to cap carbon dioxide (CO2) emissions from cars to 120 grams per kilometre by 2012, while introducing fines of up to €95 per gramme/km by 2015 for those manufacturers who fail to comply.
Under the proposed legislation, which now has to be approved by member states, car makers will have to achieve a level of emissions of 130 grams per kilometre through cleaner engines alone.
The remaining 10 grammes is to come f...
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