Fleet News

Transport escapes CO2 emissions trading

THE European Commission will not add transport to a Europe-wide carbon dioxide emissions trading scheme before 2013.

The scheme was launched by the European Union in January this year as part of a battle against global warming by encouraging firms to change their behaviour and lower carbon dioxide emissions. The promise that transport will not be added for at least eight years came as Greece became the final member state to secure acceptance of its national allocation emissions.

The commission nonetheless started a review of the system, which will consider the scheme’s future expansion to cover transport.

It will also assess the functioning of the existing emissions allowance market, which covers fixed plant; the possible harmonisation of emissions allocation methods; the treatment of new countries entering the scheme; and incorporating other gases, although this too was ruled out until 2013.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee