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EU tells carmakers to do more to cut CO2 emissions

The European Union warned carmakers on Tuesday that it will introduce legislation to enforce cuts in carbon dioxide emissions, if the industry does not work harder to meet voluntary pollution-cutting targets.
The European Commission welcomed figures showing that European, Japanese and Korean producers had reduced CO2 emissions from new cars by an average of 12.4% from 1995 to 2004.

But it said faster reductions were needed if the industry was to meet the voluntary targets of a 25% cut by 2008 for the Europeans and 2009 for the Asian manufacturers.

"The situation is not satisfactory," said EU Industry Commissioner Guenter Verheugen. "We expect that the industry sticks to its commitments."

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