Oil industry pressed to cut emissions

The European Commission is poised to shift some of the burden of reducing vehicle greenhouse gas emissions from carmakers to oil companies after the car industry warned the required clean engine technology would make vehicles unaffordable.

The move will force oil producers to increase the amount of plant-derived biofuel they mix with traditional petrol and diesel, but has led oil producers to warn Brussels that fuel prices or subsidies may have to rise as a result.

MSNBC