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The Vehicle Emissions Trading Schemes Order 2023

Geography
Year
2024
Document Type
Legislative
Part of

Summary

This Order was made in terms of the Climate Change Act 2008. It establishes a zero-emission vehicle (ZEV) mandate and CO2 emissions standards for cars and vans in Great Britain. It requires manufacturers to ensure that 80% of new vehicles and 70% of new vans sold are zero-emission by 2030, increasing to 100% by 2035. It also sets a fine for qualifying manufacturers failing to meet the targets and allows them to purchase credits from manufacturers with a surplus.  

Documents

About this law

Year
2024
Most recent update
03/01/2024
Response areas
Mitigation
Sectors
Transport
Topics
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Topics
Policy instrument
Greenhouse gas
Economic sector

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.