COMPLIMENTARY WHITE PAPER
The tide is turning against diesel cars in Europe
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Diesel car bans looked like radical proposals a year ago but have now become policy in some European cities. They are the thin end of a wedge that could rebalance the European products market as less diesel is imported and more of the excess gasoline used at home. But a change in diesel and gasoline demand will be protracted because fleet renewal is slow and cars only account for roughly half of diesel demand.