70% Of The Automakers May Fail 2012 EU CO2 Target
According to a recent study, it seems that only 30% of all automakers will be capable of meeting the 130 g/km European CO2 target due for next year. 3.5% per year is the current average rate for improvement, which means that the 130 g/km target will not be met until 2013 by all car manufacturers.
This study has been conducted by Clean Green Cars and reveals the progression of each company towards meeting the 2012 European target. For this research, they calculated real sales-weighted performance of each car company, each model range, along with each segment of the market. The study shows that already, four manufacturers have fallen below the target, and most likely, five others will fall between 130 and 131 g/km CO2.
The target set by the European Union is an industry average and each of the car makers has an individual target that is based on the weight of its models. In other words, this means that the system for producers of heavier and larger cars does not have the same absolute targets as the ones that manufacture small-sized cars – the goals are set relative to the automakers’ average vehicle weight.
This means that it is possible for a company that has the lowest CO2 average to get a fine for missing out its individual target, while a higher emitter may reach its higher target, meaning that they will not be fined. A producer of light vehicles such as Fiat has the lowest set target, of 110.84 g/km. On the opposite side we find British automaker Land Rover, with 167.4 g/km.
Only four car producers reached their below CO2 emissions of less than 130 g/km: Fiat (117.23 g/km), Citroen (121.37 g/km), Toyota (125 g/km) and BMW’s Mini (128.19 g/km). Citroen and Toyota are within 1% of their requirements. The Japanese automaker Lexus has managed to achieve a CO2 emissions target a lot lower within its own 2012 objective, with 11.5 g/km below their goal of reaching 146.41 g/km.
All manufacturers will have to work really hard in order reach their targets, because otherwise, EU will issue heavy fines for those that do not comply. After next year, new targets will be set, which means that all manufacturers will have to spend a great deal of research and money for improving their future models as far as CO2 emissions are concerned, and this can only be a good thing for us, the consumers.
Source: Clean Green Cars via NextGreenCar
Post tags: Tags: co2 emissions, EU, Green