Citation
(2012), "Accounting rules agreed for car eco-innovations", Management of Environmental Quality, Vol. 23 No. 2. https://doi.org/10.1108/meq.2012.08323baa.002
Publisher
:Emerald Group Publishing Limited
Copyright © 2012, Emerald Group Publishing Limited
Accounting rules agreed for car eco-innovations
Accounting rules agreed for car eco-innovations
Article Type: News From: Management of Environmental Quality: An International Journal, Volume 23, Issue 2.
Rules rewarding carmakers for eco-innovations were recently adopted by the European Commission following an agreement with member states. They will help manufacturers meet their CO2 targets. To qualify as an eco-innovation, a measure must reduce emissions by at least 1?gCO2/km, be missed by traditional emission testing mechanisms, and relate to cars’ transport function rather than secondary systems such as their radios.
The eco-innovation must also be used in <3 per cent of new cars sold in 2009. The savings made will be averaged across carmakers’ fleets and subtracted from the EU's 130?g/km target. Each manufacturer can claim up to 7?g/km in savings. To apply, carmakers must give the commission details of independently certified tests proving their eco-innovation's CO2 savings. The calculations must take into account any possible interactions between different eco-innovations fitted to the same vehicle.