Europe Proposes to Reduce New Cars’ Carbon Dioxide

Last wednesday the European Commission proposed rules that require automakers to cut carbon dioxide emissions for new cars. These new laws recieved criticism from both European automakers and environmentalists, neither of which were satisfied with the regulations. I dont think that this new plan will work as well as the commission had hoped. It will work in the sense that pollution from automobiles will be reduced but the toll on the European economy will be greater than anticipated. I think that the new regulations will push car prices up and therefore force the automakers to be more reliant on overseas sales. If the European carmakers plan on boosting overseas sales they will most likely have to take such actions as lowering the price of the cars which means they will be losing money which will then lead to the possibility of laying off workers.