European Parliament will vote on looser CO2 restrictions for carmakers this week
The proposed amendment would allow manufacturers to use a three-year average to meet emissions reduction goals.
Members of the European Parliament today approved the fast-track of a regulation to loosen CO2 emissions reduction targets for carmakers – which is now due to be voted on this Thursday, May 8.
The current regulation sets a target to reduce average CO2 emissions from new cars and vans across the EU by 15% annually compared to 2021, starting in 2025. The proposed amendment would allow manufacturers to comply with their obligations for the years 2025, 2026 and 2027 by averaging their performance over the three-year period, rather than for each individual year.