Brussels: EU nations have reached a compromise agreement on new rules to cut CO2 emissions from new cars from 2012, with penalties for automakers who fail to comply, a negotiator told AFP.

The deal, part of wider EU efforts to tackle global warming, was reached during talks between representatives of the 27 EU nations, the European parliament and the European Commission, following months of detailed and sometimes heated negotiations.

"It isn't the commission's initial proposal, but there is some compensation thanks to a (new) long-term objective" on cutting emissions and "with very strong penalties" for non-compliance, the source said yesterday.

Under the agreement, automakers will have to reduce CO2 emissions from new cars to 130 grams per kilometre over the period 2012-2015.

That part of the deal is a slower greening of the industry than was foreseen in the original plans which raised objections in several member states including Germany.

To pacify the nations which had sought steeper cuts, a new objective of just 95 grams per kilometre was fixed for 2020. The current CO2 emissions figure for new cars is around 156 grams.

Penalties will be imposed on a sliding scale for higher emitting cars. But Green groups swiftly criticised the deal, saying it had been watered-down too far to have any great effect.

"The EU has just agreed an empty deal to reduce car emissions, giving in to industry pressure to delay and weaken proposed targets," Greenpeace said in a statement.

 

Source : PTI