The ·¬ÇÑÊÓÆµadvocates that CO2 taxes should not be collected by consumer countries but at the source of the global oil market, in the oil producing countries. Indeed, over a period of approximately 15 years, the road transport industry has dramatically reduced CO2 emissions and increased fuel efficiency. In 2006, a Euro V truck emits 97% less CO and particulates than a Euro 0 truck in 1990. The industry has therefore faced up to its responsibilities and invested heavily in the latest technologies, thus achieving a massive reduction in emissions.
·¬ÇÑÊÓÆµPosition on the effectiveness of emission taxation on fossil fuel, (2006)
The ·¬ÇÑÊÓÆµadvocates that CO2 taxes should not be collected by consumer countries but at the source of the global oil market, in the oil producing countries. Indeed, over a period of approximately 15 years, the road transport industry has dramatically reduced CO2 emissions and increased fuel efficiency. In 2006, a Euro V truck emits 97% less CO and particulates than a Euro 0 truck in 1990. The industry has therefore faced up to its responsibilities and invested heavily in the latest technologies, thus achieving a massive reduction in emissions.
Published on: 19/09/2006 - 10:06
Author: IRU
Type of document: Policy documents
Category: Trade facilitation and transit, Decarbonisation
Region: Global
Size: 3 pages
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