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Europe formalizes fuel-efficiency target for vans

BRUSSELS (Reuters) - Europe formalized new fuel-efficiency targets for vans on Tuesday, which aim to cut fuel bills for small businesses and curb emissions of gases blamed for climate change.

BRUSSELS (Reuters) - Europe formalized new fuel-efficiency targets for vans on Tuesday, which aim to cut fuel bills for small businesses and curb emissions of gases blamed for climate change.

The European Parliament voted to cut carbon dioxide emissions from vans by about 14 percent to an average of 175 grams per kilometer by 2017, signing off a deal that had already been weakened after auto-industry lobbying.

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