EU clinches deal on CO2 emissions from cars

A compromise agreement to reduce CO2 emissions from new vehicles was reached 1 December amid pressure from the car industry, which is currently being weighed down by the economic recession. EU lawmakers in the Council of Ministers and the European Parliament reached an agreement late Monday evening, paving the way for a final adoption of the proposal by the House before the end of the year. The agreement still needs to be approved by the Parliament's political groups and EU ambassadors. ...

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