As part of its efforts to reach the targets of the Kyoto Protocol, the European Commission is currently considering a new directive to reduce the per-kilometer CO2 emissions of newly registered automobiles. This paper critically assesses this proposal with respect to its economic and...

This report identifies policy options and makes recommendations on market-oriented actions to promote the purchase of the most environmentally friendly vehicles. It assesses the impact of a wider use of low-emission vehicles, drawing on experience to date, research results and the responses to a...