A US appeals court rejected Tesla’s request to reinstate higher civil penalties for automakers who fail to meet US fuel economy standards, Reuters has reported.
Tesla has been criticized before for selling credits to other automakers.
Automakers that fail to meet these fuel economy standards have complained that raising the penalties could cost them around $1 billion a year for failing to meet the rules, and could lead to them paying higher prices for credits used to meet the rules.
Although carbon credits allow companies to “compensate” for their greenhouse gas emissions, I personally don’t see the value.
Yes, I know that if Tesla wasn’t here leading the world in EVs, we would have a lot more greenhouse gases than we do.
Also, you would think that our government leaders would want to enforce their own rules on fuel economy standards.
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