EU compromise on CO2 emissions

The evidence of climate change has prompted the European Commission to announce plans to impose a mandatory cap on carbon dioxide emissions from cars. Vladmir Piskacek and Radek Honzak refer to the plans as a "revolutionary change in direction", but go on to describe things from the carmakers' point of view: "The price of a car will increase by 1,500 to 2,500 euros and unemployment will also rise. These are the likely repercussions of accepting the European Commission's proposal, according to Martin Jahn, member of the executive board at Skoda. 'In this case I would consider moving car production further east to compensate for the extra costs', says Jahn. Other carmakers are angry too. Porsche boss Wendelin Wiedeking commented: 'This is about the French and the Italians waging economic war against the Germans.'"

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