G8 Environmental Futures Forum 2000

Summary of Best Practices
European Union
1. Guidelines on State Aid for Environmental Protection ----- Detail
Community rules authorize state assistance of up to 40% of the cost of environmental investments that result in emission reductions beyond the legal norms. State assistance is also allowed for investment in energy saving and renewable energy production. Through systems such as guaranteed selling prices, low-interest loans, bonus payments and direct investment subsidies, the share of renewable energy such as wind and solar has increased rapidly in the EU over the last decade.

2. CO2 Emissions from Cars ----- Detail
Environmental agreements with the automotive industries are an important element of the Community's strategy to reduce CO2 emissions from passenger cars and improve fuel economy. After having concluded an Agreement with the European Automobile Manufacturers' Association (ACEA) in 1998, the Commission has concluded equivalent agreements with the Japan Automobile Manufacturers' Association (JAMA) and the Korean Automobile Manufacturers' Association (KAMA). The Agreements contain the same quantified CO2 emission objective for the average new passenger cars sold in the European Union, i.e. 140 g CO2/km to be achieved by 2009 by JAMA and KAMA and by 2008 by ACEA. They commit themselves to achieving the CO2 target mainly by technological developments and other measures.


Summary of Best Practices - European Union
Back to Top image Home