Wednesday, 27 February 2013

Germany's Institute of Automotive engineering: EU emission goals will add up to 4700$ to the cost of a car

The insane EU global warming policy will make these cars much more expensive.

The costs of the insane EU climate change policy are slowly beginning to dawn on consumers. Germany's renowned Institute of Automotive Engineering IKA says that the EU policy to enforce a 95 grams of CO2 per km (g/km) emission ceiling on cars by 2020 will add 3700 - 4700 $ to the price of every new car. 

EU uberwarmist, climate commissioner Connie Hedegaard maintains that the consumers will be fully compensated by lower fuel costs for the new engines. But that is not true according to the IKA. Even if you take the better fuel efficiency into account, the cost for the consumer (or the car manufacturer) will rise with at least 2200 $ per car. Besides, the reasoning applied by Hedegaard is misleading - the more fuel efficient engines would be there irrespective of the EU emission ceiling. 

Read the entire Die Welt article (in German) here

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