BUSINESS AND FINANCE

Car producers: It’s time to reduce carbon dioxide emissions!

Between 2021 and 2030, carbon dioxide emissions should be reduced by 37.5%

Volkswagen car photo on the road

Photo of the Volkswagen car on the road. / Reference image / Pexels

Reuters | Laurence Frost y Edward Taylor

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Leer en español: Fabricantes de automóviles ¡A reducir las emisiones de dióxido de carbono!

Time is running out for European car manufacturers, who have waited until the last minute to try to meet the ambitious EU emission targets and now face possible fines worth billions.

The manufacturers of the PSA or Volkswagen group will use the Frankfurt Motor Show this week to unveil the new models and strategies with which they hope to reduce carbon dioxide emissions in a matter of months.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Una publicación compartida de Volkswagen (@volkswagen) el

 

However, it is a challenge full of obstacles, since the price of imposing costly technology to unconvinced consumers could cut profits in an industry already hit by a decline in sales.

"There are cars that are built with an additional cost of 10,000 euros and zero-emission targets require a certain volume of sales. However, consumers may not want them," said a PSA executive.

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"The situation can explode at any time."

For next year, CO2 emissions should be reduced to 95 grams per kilometer for 95% of cars compared to the current average of 120.5 g, a figure that has been increasing as consumers replaced diesel engines Low consumption by SUVs. All new vehicles in the EU must be compatible in 2021.

Between 2021 and 2030, carbon dioxide emissions should be reduced by 37.5%, following a 40% reduction in emissions between 2007 and 2021.

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