Why is the EC proposing a revised strategy?
As part of the European Climate Change Programme, the EC last year carried out a review of the strategy in close consultation with key stakeholders. The conclusion of the review is that the voluntary approach has delivered a solid CO2 reduction but has not been as successful as hoped. Given the slower than expected progress to date, the 120g CO2/km target will not be met by 2012 without additional measures. To give industry maximum predictability and lead time for developing new technology, the EC wants to set out its intentions clearly now.
