2020–2030 CO2 standards for new cars and light-commercial vehicles in the European Union
The European Commission is preparing to extend the European Union's CO2 emissions regulation for passenger cars and light-commercial vehicles out to 2025–2030. This briefing paper presents a concise overview of the EU's overall vehicle CO2 emission reduction requirements and current best projections of vehicle-specific CO2 reduction technology potential and costs in that time frame. The EU has established a binding target for reducing its greenhouse gas emissions: 40% below 1990 levels by 2030. For sectors not covered by the EU’s emissions trading system, such as the transport sector, an average reduction in annual greenhouse gas emissions of 30% below a 2005 baseline is required by 2030.