CE Delft, July 2012
The report examines and supports the Commission’s claims that the proposed 95g limit for 2020 would boost the EU economy by €12 billion per average year between 2020 and 2030, accompanied by a €9bn increase in expenditure on labour across the economy. It also says reducing fuel consumption will mean Europe will have to import less oil, making it less vulnerable to price shocks and improving its trade balance. T&E cars officer Greg Archer said: ‘This report not only dispels industry’s claims that reducing CO2 emissions from cars would have a negative impact on jobs and competitiveness, it makes the opposite point – that low-carbon cars can boost the sluggish EU economy. This will happen in various ways, ranging from investment in the development and manufacturing of fuel-efficient technologies, to leaving more money in the pockets of car owners thanks to lower fuel bills. This money could in turn be spent in ways that create extra jobs across the EU economy.’
