Emissions Standards Could Drive Job Creation in European New Vehicle Technology

A new report by consulting firm Cambridge Econometrics and Ricardo-AEA forecasts that 350,000-450,000 new jobs will be created if stricter carbon dioxide emissions standards for new cars and vans are implemented across Europe. Details of new regulations and targets are being debated, with German manufacturers at odds with those in France and Italy; Germans believe they would be at a disadvantage because of the bigger cars they produce. See An Economic Assessment of Low-carbon Vehicles at: http://www.ricardo-aea.com/cms/assets/MediaRelease/Economic-Assessment-Vehicles-FINAL2.pdf.

 

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