One key area of discussion is whether market forces alone can deliver sufficient CO2 savings or whether additional regulatory intervention is needed. Truckmakers oppose regulation but the European Commission announced that it will introduce truck CO2 standards during this Commission.
To contribute to this debate T&E commissioned a market study surveying 180 SME hauliers in France, Germany, Poland, the UK and Spain. The survey results point to five key reasons why the market alone can’t do the job, and why fuel efficiency standards are needed to strengthen market forces.
1. Trucks aren’t becoming more fuel efficient and fuel saving options are expensive
Since the mid-1990s new truck fuel efficiency has barely improved. The difference in fuel economy between comparable new trucks is also relatively small (ca. 5%). This explains why only 3% of German and French hauliers have ever changed brands to get lower fuel consumption. The fuel saving options that are offered by truckmakers are often expensive and cost thousands of Euros.
2. Lack of competition and cartel behaviour by truck manufacturers
Europe’s truckmakers recently got a record settlement fine for colluding, between 1997 and 2011, by fixing prices and jointly agreeing the pace of introduction for emission reduction technologies. As a result, new truck fuel efficiency has barely improved.