The European Parliament, Council and European Commission reached agreement late yesterday on a further reduction in CO2 emissions from cars.
Connie Hedegaard, EU Commissioner for Climate Action, said:
"The European Parliament and the EU governments reach a deal on the European Commission's car emissions proposal: the 95g CO2/km 2020 target is secured and there is a limited use of supercredits. Also, the European Commission is asked to propose a 2025 target by end-2015."
The agreement must still be confirmed by the European Parliament, the Council and the Commission, after which the Regulation will be formally adopted.