Friday 22 June 2012

Fuel Economy Labelling Scheme: Green labels on new cars from 1 July 2012

They will carry info on carbon emissions and fuel consumption
By Royston Sim, The Straits Times, 21 Jun 2012

CARS displayed in showrooms from next month will carry labels that reveal carbon emissions per kilometre and fuel consumption.

The label will also show the model's banding under an upcoming emissions-based vehicle taxation system - and the rebate or surcharge it draws.

It is one of three initiatives - the others are a brochure and online database - the Land Transport Authority (LTA) will roll out to give consumers more information about how green a vehicle is.

Mr Colin Lim, LTA group director for vehicle and transit licensing, said the aim is to help buyers be more aware of 'the importance of carbon emission performance and fuel efficiency'.

'These measures will make such information more transparent and accessible to consumers. 'This will help buyers save money in terms of fuel costs and also reduce carbon emissions, which is in line with our objective of promoting an environmentally sustainable land transport system,' he added.

The LTA will administer the fuel economy labelling scheme from July 1, taking over from the National Environment Agency.

This move comes in advance of a new Carbon Emissions-Based Vehicle Scheme (CEVS) that will apply to new cars registered from Jan 1 next year.

LTA will also release a brochure on the new emissions scheme, why buyers should choose fuel-efficient cars and how to read the new label.

It will be available at all car showrooms and the OneMotoring website from July 1.

A new database and fuel-cost calculator on the website will also allow motorists to check the estimated annual fuel cost of different cars from July 1.

The carbon emission and fuel efficiency of models will also be displayed. Users can compare up to two models at a time.

Other models will be added to the database after they are approved for sale by the LTA.

The vehicle approval process will be simplified after the LTA takes over the labelling scheme, said Nissan agent Tan Chong Motor's general manager Ron Lim.

Motor Traders Association of Singapore vice-president Michael Wong said the new fuel labels will benefit buyers who are more environmentally conscious and will serve as a selling tool when emission rebates under the new scheme kick in next year.

Chief financial officer Ambrose Lim, 42, said the mandatory labels would make it easier for buyers hunting for a green car.

He owns a three-year-old Chevrolet Aveo and intends to switch to a car with low emissions when certificate of entitlement (COE) prices go down.

'I won't need to go to the government or car websites to check what rebate I would get.'

Carrot and stick to help push environmental message

UNDER the new carbon emissions-based vehicle scheme, those who buy new cars with low emissions will qualify for rebates of up to $20,000 from Jan 1 next year.

This will replace the National Environment Agency's Green Vehicle Rebate scheme that is based on engine technology instead of actual emissions.

From next January, all new cars and imported used cars with emissions of 160g or less of carbon dioxide (CO2) for every kilometre travelled will get rebates of $5,000 to $20,000.

The rebate will be used to offset a vehicle's Additional Registration Fee (ARF), which is based on a percentage of the vehicle's open market value.

OMV includes expenses like freight and insurance in the sale and delivery of the car to Singapore.

Six months later, on July 1, buyers of new cars with high carbon emissions will face registration surcharges of up to $20,000 levied in cash.

New cars, taxis and used cars with carbon emissions of 211g or more of CO2 per kilometre travelled will face registration surcharges of between $5,000 and $20,000.

Rebates and surcharges for taxis will be 50 per cent higher than those for normal cars as taxis clock higher mileage than cars.

Non-Euro V compliant diesel vehicles will not get rebates under the scheme even if they fall within the rebate emission bands, as these models emit significantly finer particulate matter.

Diesel models that fall within the surcharge bands will face a registration surcharge, even for those that fall within the Euro V emission standard.

The new scheme will be in place for two years until the end of 2014, and reviewed after that.

Choosing Fuel Efficient and Low Emission Cars Gets Easier from 1 July 2012
New Carbon Emissions-Based Vehicle Scheme (CEVS) from 1 January 2013

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