The Society of Motor Manufacturers and Traders (SMMT) has reported that the European Parliament has officially voted to set short term and longer term CO2 targets for Light Commercial Vehicles (LCVs). The LCV legislation is set to mirror the New Car CO2 regulation. Each manufacturer will have their own overall European fleet average CO2 target, based on the weight of each new LCV it registers in the EU in a given year.

Short term the target is proposed at 175g/km of CO2 and 147g/km for the longer term. Paul Everitt, SMMT Chief Executive, said,”Industry is pleased that the European Parliament has come to a decision on CO2 emission targets for LCVs as vehicle manufacturers are committed to lowering emissions as part of ongoing introductions 0f low, lower and ultra-low carbon vehicles”.

Key points from the ruling released by the SMMT are below.

Initial target and phase-in – 2014 to 2017: 175g/km CO₂ (phased in with 70%, 75% and 80% of each manufacturers’ fleet complying in 2014-16 respectively and 100% from 2017 onwards).

• Long-term target – 2020: 147g/km, to be confirmed in a review in 2013.
• Derogation: independent manufacturers registering less than 22,000 vehicles per year (in the EU) can apply to the Commission for an individual target that is consistent with its economic and technological potential for CO₂ reduction and the characteristics of the vehicles’ market segment. Mirroring the cars regulation.
• Super credits: as an incentive for selling low carbon LCVs (₂. They can be counted 3.5 times in 2014 and 2015, then 2.5 (2016), 1.5 (2017) and 1.0 in 2018. There will be a cap on super credits at 25,000 vehicles per manufacturer over the super credits period to 2018.
• Eco-innovations: certain innovative technologies deliver a real-world CO₂ benefit, but this is not reflected in the CO₂ result from the type approval test. Manufacturers can be granted a credit if they equip vehicles with innovative technologies. The credit will be based on independently verified data and depends on how many vehicles the technologies are applied to. The credit is limited to a maximum of 7g/km on average for each manufacturer’s fleet.
• Multi-stage vehicles: manufacturers of incomplete vehicles will take responsibility for meeting the CO₂target for the base vehicle. The Commission will make a proposal by the end of 2011.

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Tags: business, co2 targets, contract hire, european parliament, lcvs, new car co2, smmt, vans, vehicle leasing

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This entry was posted on Wednesday, February 16th, 2011 at 9:17 am and is filed under Green news- CO2 emissions and fuel economy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.