The eco-innovations mechanism rewards innovative technologies that produce real-world CO2 savings beyond what is measured over the standardized test cycle during vehicle type approval. Because CO2 savings from eco-innovation technologies count toward manufacturers’ CO2 targets, manufacturers have an incentive to develop and deploy cost-effective eco-innovations to meet CO2 standards. In theory, providing credits to manufacturers for technologies that reduce real-world emissions can both reduce the cost of complying with the CO2 standards and increase total real-world reductions. However, if estimated eco-innovations CO2 savings exceed the amount of real-world reductions, or if credits are given that double-count CO2 reductions on the type-approval test, they can become a loophole and erode the benefits of the CO2 standards. Thus, it is critical to properly account for the real-world benefits of eco-innovations.
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/overview-and-evaluation-eco-innovations-european-passenger-car-co2-standards
[2] http://admin.indiaenvironmentportal.org.in/category/author/uwe-tietge
[3] http://admin.indiaenvironmentportal.org.in/category/author/peter-mock
[4] http://admin.indiaenvironmentportal.org.in/category/author/jan-dornoff
[5] http://admin.indiaenvironmentportal.org.in/category/publisher/international-council-clean-transportation-icct
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vehicular-standards
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vehicle-technology
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cars
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/compliance-and-enforcement
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/european-union-eu