That’s how many major car companies caught bullshitting emissions requirements now? It’s almost as if there’s some kind of underlying thing driving (pun unintended but welcome ;3 Call it comic relief if you like) capitalist entities toward awful behaviour.
How do you emit excess CO2? Like I can imagine if it isn’t burning clean and shitting out CO or particulates or something, but wouldn’t “excess CO2” just mean they’re just inefficient?
They had standard to meet that a vehicle of a certain weight/class must not exceed certain amount of emissions. They made vehicles that didn’t meet that standard, shrugged and put them to market anyway because they knew the profits would outweigh any “punishment” fron the spineless regulatory bodies.
The whoe CAFE standards and the shift in car sizes associated with them should be enough evidence to prove the EPA has failed and become disconnected from its true purposes
6 million cars, the fine is $140 million. That’s $24 or so per car. There’s no way that GM saved only $24/car doing this. So the fine is just a cost of doing business.
EDIT:
The company has also voluntarily retired about 50 million tons of carbon dioxide pollution credits, which are issued by the E.P.A. and used by auto companies to make it easier to comply with increasingly stringent federal tailpipe emissions standards. G.M. estimates the value of the loss of the credits at about $300 million, reflecting what it paid for them a decade or so ago. However, the market value of those carbon credits varies, and a more recent government estimate of $86 per credit would put the value at about $4.6 billion.
This is probably where the actual sting to them is.
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