EU agrees plan to cut car CO2 from 2012 - source

Newswire

BRUSSELS, Dec 19 (Reuters) - The European Commission agreed a plan on Wednesday to cut car emissions of carbon dioxide from 2012, with fines imposed on manufacturers for non-compliance, an EU source said. Fines for excess car CO2 output would be phased in over four years from 2012, the source said, starting at 20 euros ($28.80) for each excess gram per kilometre in 2012, and rising to 95 euros g/km in 2016. (Reporting by Paul Taylor, editing by Dale Hudson)

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