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A company wants to use regulation to harm their competitors?! How shocking. Sarcasm aside the only surprising part about this misuse of regulation is how blata

A company wants to use regulation to harm their competitors?! How shocking. Sarcasm aside the only surprising part about this misuse of regulation is how blatantly obvious the motivations are. For what it’s worth I am not opposed to fuel efficiency standards, but it seems to make a lot more sense to just use the existing lever and raise gas taxes, instead of trying to circumvent them by applying pressure to the market directly.

SECProto 5y ago
> it seems to make a lot more sense to just use the existing lever and raise gas taxes, instead of trying to circumvent them by applying pressure to the market directly. Note that the "fuel economy penalties" and regulations that Tesla is pushing for were an existing lever. The penalties were law from 2016, the Trump administration revoked the increase in early January of this year. [1] [1] https://www.reuters.com/article/us-usa-autos-emissions-idUSKBN29H2FR https://www.reuters.com/article/us-usa-autos-emissions-idUSK...
- persedes 5y ago
  yeah, reading the article was a TIL for me too, Tesla is selling credits so other auto makers can meet emission standards. They're suing because the increased standards (and fines) that were delayed by the former administration made those less valuable.
Alex3917 5y ago
Their competitors want to use regulation to harm Tesla, not the other way around. Their competitors are the ones who are unfairly making money by stealing from the public.
dr_orpheus 5y ago
Yes, I assumed that is was a push to drive consumers to more electric cars by increasing the fuel economy penalties, not that they were making money directly from it. I did not realize that Tesla could sell credits to other companies to offset those penalties.
annexrichmond 5y ago
> raise gas taxes yet another way to drive income inequality
- it_citizen 5y ago
  All depends on how the revenues of the tax is distributed. Redistributed equally, the tax would help to reduce them: See: https://clcouncil.org/our-plan/ https://clcouncil.org/our-plan/ or https://en.wikipedia.org/wiki/Carbon_pricing_in_Canada https://en.wikipedia.org/wiki/Carbon_pricing_in_Canada

SECProto 5y ago

> it seems to make a lot more sense to just use the existing lever and raise gas taxes, instead of trying to circumvent them by applying pressure to the market directly. Note that the "fuel economy penalties" and regulations that Tesla is pushing for were an existing lever. The penalties were law from 2016, the Trump administration revoked the increase in early January of this year. [1] [1] https://www.reuters.com/article/us-usa-autos-emissions-idUSKBN29H2FR https://www.reuters.com/article/us-usa-autos-emissions-idUSK...

persedes 5y ago
yeah, reading the article was a TIL for me too, Tesla is selling credits so other auto makers can meet emission standards. They're suing because the increased standards (and fines) that were delayed by the former administration made those less valuable.

Alex3917 5y ago

Their competitors want to use regulation to harm Tesla, not the other way around. Their competitors are the ones who are unfairly making money by stealing from the public.

dr_orpheus 5y ago

Yes, I assumed that is was a push to drive consumers to more electric cars by increasing the fuel economy penalties, not that they were making money directly from it. I did not realize that Tesla could sell credits to other companies to offset those penalties.

annexrichmond 5y ago

> raise gas taxes yet another way to drive income inequality

it_citizen 5y ago
All depends on how the revenues of the tax is distributed. Redistributed equally, the tax would help to reduce them: See: https://clcouncil.org/our-plan/ https://clcouncil.org/our-plan/ or https://en.wikipedia.org/wiki/Carbon_pricing_in_Canada https://en.wikipedia.org/wiki/Carbon_pricing_in_Canada