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Evaluates the level of technology adoption, costs, and efficiency improvement associated with alignment with the European Union’s 2021 emissions target of 95 gCO2/km (equivalent to 1.27 MJ/km) for new passenger cars in Brazil in 2023.
Oil prices will be lower in the future if low-carbon transport technologies are mass deployed, as these technologies will drive a significant reduction in global demand for oil.
To rectify the implementation and compliance issues associated with P-7 standards for heavy-duty vehicles in Brazil, quickly advancing to the next P-8 phase and aligning it with Euro VI standards is the most effective option.