Industry News from Yes Insurance

The Society for Motor Manufacturers and Traders (SMMT) has welcomed the publication of the Stern report which has announced, among other things, that approximately 14 per cent of the world's carbon dioxide emissions come from transport.

The SMMT commented that the motor industry recognises it has a key role to play in reducing the impact of its products and production processes and will continue to develop the technologies to deliver more sustainable motoring.

New cars, commercial vehicles and buses already reflect many of the cleaner technologies coming to market, including biofuel models, hybrids and greener diesel vehicles. On new cars for example, average carbon dioxide emissions have been cut by more than ten per cent in six years, it added.

Chief executive, Christopher Macgowan, summarised the organisation's reaction, saying: "We believe an integrated, international approach that encourages action from all those connected with the motor industry, such as fuel companies, governments and motorists, will continue to drive down carbon dioxide emissions from our sector."

Since the British public has become more interested in protecting the environment, the motoring industry has reflected this change by developing biofuels, hybrid cars and offering car insurance which rewards the environmentally friendly driver.

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