October 24 2008 / by Adam Cutsinger
Category: Environment Year: 2011 Rating: 4
According to a June 15 analysis published in the French bi-monthly magazine L’Auto-Journal, a long-standing car magazine, the European Union will soon no longer be on the short list of the top 3 contributors of greenhouse gases. The French-originated NAC (Nouvelle Affaire de Carburant) program, widely known as the New Fuel Deal by the English-speaking world, was initially criticized by citizens of nearly every European nation for being an economic fiasco.
The brainchild of French President Nicolas Sarkozy, who served a six month stint as EU president, has certainly paid off for the environment, despite the widespread criticism and dire predictions. The Affaire was created by the members of the EU’s French-led APRE Summit (Automobile-fabricants pour la Protection et la Régénération de l’Environment, or ACRE – Auto-makers for the Conservation and Regenration of the Environment) in 2011, which formed an impressive international think-tank consisting of automobile manufacturers, leaders in the alternative fuel industry, financial wizards and various government officials. Despite initial opposition from such countries as the Czech Republic and Ireland, the plan was consensually ratified in February, 2010.