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  • Published: Dec 30th, 2010
  • Category: Asia
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6 auto companies vow to cut carbon emissions

| Sourced From Chinapost |

The Taiwan-imported auto brands of BMW, Ford, Honda Taiwan, CMC, Hyundai and Mercedes-Benz have all voluntarily signed agreements to cut carbon emissions yesterday with the Environment Protection Administration (EPA).

The goal of the agreement is for the companies to reduce carbon emissions by 10 to 15 percent by 2015, local media reported.

The EPA, citing a 2009 vehicle report, said the six auto and assemblage companies comprise 30 percent of the nation’s cars, making them very influential. Making up the 63.5 percent majority are local manufacturers and marketing companies Kuozui Motors, Yulon and Hotai Motors etc., which have also expressed an interest in signing the agreement, but require further negotiations with their Japanese partners such as Toyota Motor Corp.

The EPA said eco-friendly policies such as this will help reduce emissions, adding that the administration will be very transparent with related regulations, management and initiatives regarding the agreement. Companies that have reached the emission-cutting goals will be rewarded, while penalties will be drafted for those that violate the agreement, the EPA added.

The auto companies are required to create a realistic goal and incorporate the objectives to reduce carbon-emissions into their products and marketing campaigns. They must also periodically provide the EPA with a detailed report of the amount of CO2 emitted within a certain period.

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