Europe’s CO2 emission performance standards for new passenger cars: lessons from 2020 and future prospects

This paper reviews recent developments in the European passenger car market and assesses the implications for the proposed post-2021 CO2 emissions targets. The regulatory proposal suggests retaining the 2025 reduction target of 15% compared to the 2021 baseline, and CO2 emissions reductions from cars would have to reach 55% in 2030, up from 37.5% in the current regulation. The proposal also suggests a de facto phase-out of internal combustion engine vehicles by suggesting that new cars registered should have zero emissions by 2035.