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EU Toughens CO2 Limits for Cars in Bid to Spur Electric Vehicles

  • New caps clear last political hurdle with EU Parliament vote
  • Reductions of 15% in 2025, 37.5% in 2030 versus 2021 limit
Electric Cars In Oslo As Global Gasoline Consumption Has All But Peaked
Photographer: Fredrik Bjerknes/Bloomberg

The European Union tightened caps on carbon dioxide from cars in a bid to accelerate the development of electric vehicles.

The European Parliament set a 37.5 percent CO2-reduction target for 2030 compared with the 2021 limit. In a vote on Wednesday in Strasbourg, France, the assembly also fixed an interim CO2-cut goal for autos of 15 percent for 2025.