Filed under: Government/Legal, Earnings/Financials, Tesla, Electric
Time For Buyers To Have Some Skin In The EV Game
Politicians know that $8- or $9-a-gallon gas like in Europe would end their careers.
The back-and-forth between those writing the fuel economy rules and auto manufacturers is designed to see how far the CO2 regulations can be pushed without inconveniencing the general public.
Rather than taxing fuel like they do in Europe to encourage buyers to opt for the most fuel-efficient vehicles, in America it’s up to the manufacturers to develop a fleet that averages some magic number, in this case 54.5 mpg by 2025. That’s because most politicians know that $8- or $9-a-gallon gas like in Europe would end their careers.
Matt DeLorenzo is the former editor-in-chief of
Road & Track and has covered the auto industry for 35 years, including stints at
Automotive News and
AutoWeek. He has authored books including
VW’s New Beetle, Chrysler’s Modern Concept Cars, and
Continue reading CO2 credits: The ultimate rebate?
CO2 credits: The ultimate rebate? originally appeared on Autoblog on Sun, 19 May 2013 15:20:00 EST. Please see our terms for use of feeds.
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Opinion: CO2 credits: The ultimate rebate?