What happened to moving the choice to the states?
Comment on Things at Tesla are worse than they appear
GnuLinuxDude@lemmy.ml 5 days ago
It also wants to end the right of California and eight other states to demand tougher emissions regulations than the federal standards that would ban the sale of gasoline-powered vehicles by 2035. Without tough emissions rules at the federal and state level, there would be no regulatory credit sales.
The sale of those federal and state credits has been quite lucrative for Tesla, bringing in $8.4 billion in revenue since the start of 2021 alone, money that basically went straight to its bottom line.
Is this the greenwashing scam companies use to pretend that they are working toward a carbon-neutral production line? They’re just speculating on future production and selling today’s emissions to today’s buyers on tomorrow’s promise?
How fucked.
bitwolf@sh.itjust.works 5 days ago
AA5B@lemmy.world 4 days ago
Technically it’s the intended result. It helped fund one or more purely EV manufacturers for the future. Legacy companies chose not to invest for the longest time, but had to pay the price. At some point that price is too high but the innovators are awarded and the technology has become cheaper, so the surviving legacy manufacturers can adopt it.
The only real failure is the credits were apparently too cheap since legacy manufacturers still had to be forced