GM Europe

GME emissions of CO₂ in 2005 were 1.43 million metric tons, a 23 percent decrease from 2000 levels.

Emissions Trading in Europe

In January 2005, emissions trading began on a pan-European basis and will be a mandatory system for many companies.  The new European Union Emissions Trading Scheme (EU-ETS) involves seven of GM’s European Operations.  To date, our EU-ETS allocations are in place and completely comprehended in GM’s global GHG management strategy.

Vauxhall U.K. - Climate Change Levy

In 2000, Vauxhall actively participated in obtaining a negotiated agreement for the U.K. motor industry (through its trade body, the Society of Motor Manufacturers and Traders, U.K.) in relation to the Climate Change Levy, a tax on business energy use introduced in April 2001.  This was one of the first negotiated agreements to be approved by the U.K. government, and provides the motor industry with a rebate against the levy in return for agreed improvements in the energy efficiency of vehicle production over the next ten years.