Companies
Industry Pressure Prompts EU-Turn
February 2007 | Industry NewsFaced with mounting industry opposition, the European Commission has softened its stance on carbon dioxide emissions. In 2006, the EC urged carmakers to cut CO2 emissions to 120g/per km by 2010 from 161g/ per km in 2005. Industry heavyweights operating in Europe, however, have decried the targets and warned of significant job losses on the continent should the EC press ahead. Pressure on the EC to back down increased in January when the German chancellor, Angela Merkel, weighed into the debate to defend the interests of the country's powerful car manufacturers, including BMW and
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