The IRU advocates that CO2 taxes should not be collected by consumer countries but at the source of the global oil market, in the oil producing countries. Indeed, over a period of approximately 15 years, the road transport industry has dramatically reduced CO2 emissions and increased fuel efficiency. In 2006, a Euro V truck emits 97% less CO and particulates than a Euro 0 truck in 1990. The industry has therefore faced up to its responsibilities and invested heavily in the latest technologies, thus achieving a massive reduction in emissions.
IRU Position on the effectiveness of emission taxation on fossil fuel, (2006)
The IRU advocates that CO2 taxes should not be collected by consumer countries but at the source of the global oil market, in the oil producing countries. Indeed, over a period of approximately 15 years, the road transport industry has dramatically reduced CO2 emissions and increased fuel efficiency. In 2006, a Euro V truck emits 97% less CO and particulates than a Euro 0 truck in 1990. The industry has therefore faced up to its responsibilities and invested heavily in the latest technologies, thus achieving a massive reduction in emissions.
Published on: 19/09/2006 - 10:06
Author: IRU
Type of document: Policy documents
Category: Trade facilitation and transit, Decarbonisation
Region: Global
Size: 3 pages
Download now