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I’d assume it’s an “offset” right? So not making things “better” - just not as “bad”
by dwrowe 7y ago
I’d assume it’s an “offset” right? So not making things “better” - just not as “bad”
- adventured 7y agoIt's making things better by directly funding the killing of the ICE vehicle industry. That money is coming out of the pockets of the ICE automakers and being injected into Tesla, which is actively trying to replace the ICE approach. It's helping to enable the build-up of EVs and replacement of the ICE auto industry. It has a rather considerable roll-on effect when you consider the sprawling consequences, such as helping to fund Tesla's ability to build a global charging network which can then enable it to more easily appeal to consumers to sell more EVs and on it goes in dozens of other ways.
- dwrowe 7y agoMaybe, I haven't reviewed the numbers in detail - but the need for GM/others to purchase the credits at the rate they do, enables them to continue pushing the ICE autos - possibly increasing the overall market supply, which in turn is just as bad / worse? Something to watch, for sure.