EU Carbon Emissions Target Analysis
The study reveals that despite efforts to invest in hybrid technologies and electrify key models, none of the top ten highest-selling auto manufacturers currently meet the EU 2021 fleet-wide average emissions target of 95 CO2g/km. Based on sales and average emissions per brand, Daimler AG is the furthest from the target and therefore could be fined €13.3 billion in 2021 (€95 per CO2g/km over the target, multiplied by sales), while Volkswagen Group would have to spend a staggering €88.6 billion to offset its 2019 carbon emissions.
Total Cost to Offset Emissions by Manufacturer
Total % of Top Ten Manufacturers Annual Revenue
Potential Annual Fines
Average Fleet Emissions
Total Cost to Offset Emissions by Manufacturer
Hover over each manufacturer to see what their carbon footprint equated to last year based on model sales, and how much each would need to spend to offset their emissions.
The Auto Emissions Report
The Auto Emissions Report created by NetBet Casino dissects industry studies and annual sales reports to reveal how far the ten best-selling auto manufacturers are from meeting 2021 EU carbon emission targets, and how much it would cost them to offset their carbon footprint over the past year.
The EU fleet-wide average emission target of 95 CO2g/km and fines of €95 per CO2g/km are as stipulated by EU legislation. All sales figures are from the latest year available and relate to the European market, or US if not available in the case of the Ram 1500. The following brands were excluded from the analysis due to insufficient sales data: Daihatsu and Abarth.
The average CO2 emissions for each brand is determined by Greenpeace. The cost to offset emissions relates to the mean cost of pulling CO2 from the atmosphere at €150 per tonne. The annual and lifetime running costs of flagship models are based on the emissions of each engine as stipulated by the manufacturers and are multiplied by 20,117 km per year for 12 years, based on the average lifespan of a new car.
Data is gathered from auto manufacturers' annual sales reports, manufacturer sites, EUROPA, transportenvironment.org, Greenpeace, CarSalesBase and Carbon Engineering’s study on pulling CO2 from the atmosphere.