eddy600
Well-Known Member
Carbon credits aren't good for any body but Tesla.they just allow the other car company to put out overly polluting cars without investing in less polluting technology. We have the highest prices for gas here because of carbon credits,one company buys a refinery and closes it for the credits so they don't have to upgrade two or three other refineries. they run the refineries harder & the shutdowns & turnarounds happen more frequently. They make up for loss of refining buy spiking the prices.Fiat Chrysler is giving Tesla $2Billion to buy Tesla carbon credits so Dodge can keep selling cars....lol
"Fiat Chrysler Automobiles has said it will pay electric carmaker Tesla close to €2bn to help it meet tough new emissions targets and has reported a 29 per cent drop in first-quarter profits. The company will purchase credits from Tesla to help it hit carbon dioxide goals and avoid large fines in the US and Europe, at an estimated cost of €1.8bn. Carmakers across Europe are striving to meet a 2020 EU target of average car CO2 emissions of 95g per kilometre. In 2018, average emissions were 120.5g per kilometre, according to data supplier Jato Dynamics."..https://www.ft.com/content/fd8d205e-6d6b-11e9-80c7-60ee53e6681d
Tesla for the win....