This report assesses the economic costs and benefits of decarbonising passenger cars and vans in the UK. A scenario approach has been developed to assess a range of possible futures for vehicle technology in the UK, and then economic modelling has been applied to assess impacts.

Europe faces a significant economic challenge. Ahead lies the task of reining in public debt, revitalizing stagnant economies and creating new opportunities for millions of jobless workers. At the same time, the European Union has committed to playing a lead role in tackling climate change.