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European Car-Efficiency Rule Would Cut Fuel Bill by 25%

2013-03-18 05:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: A European Union plan to tighten emissions standards on cars would cut auto-fuel costs by almost a quarter in 2030, according to a report e-mailed by a group promoting policies to reduce carbon emissions in the region. Fuel bills would fall 57 billion euros ($75 billion) from a projected cost of 245 billion euros in 2030, said the European Climate Foundation, which contributed to the report prepared by Cambridge Econometrics and Ricardo-AEA. Producing fuel-efficient vehicles would add 22 billion...

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