policy to reduce energy use and carbon dioxide (CO2)
emissions, but not meeting targets
demand growth has been small (annual
0.7% since 1995)
led to increased shift to diesel engines
demand is increasing while gasoline demand
SEurope has had a policy to reduce transportation fuel
demand in response to its interest in reducing carbon dioxide (CO2)
transportation fuel demand growth averaged only 0.7% per year since 1995, CO2
targets are not being reached, and new government mandates may mean more
biofuels, efficiency requirements, etc.
SOne of the primary means of curtailing demand was to
encourage the use of diesel-engine light-duty vehicles over the less
efficient, gasoline-fuel engines. As a result, diesel demand is increasing,
while gasoline demand is declining.