Carmakers Get Road Map for Tougher EU Limits on Carbon Dioxide

European Union negotiators reached agreement on tighter caps on carbon dioxide from cars in a bid to spur the development of clean vehicles.

Representatives of EU governments and the European Parliament fixed a 37.5 percent carbon dioxide reduction target for 2030 compared with the 2021 limit.

The Dec. 17 deal in Brussels marks a compromise after the 28-nation Parliament in early October demanded an average 40 percent carbon dioxide cut by autos in 2030 compared with 2021 and EU governments called later the same month for a 35 percent reduction over the period. The accord also includes an interim carbon ...