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> 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
by 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 agoyeah, 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.