ENERGY - Opinion: CO2 credits: The ultimate rebate?

Filed under: Government/Legal, Earnings/Financials, Tesla, Electric
Time For Buyers To Have Some Skin In The EV Game

Politicians know that $8- or $9-a-gallon gas like in Europe would end their careers.

The back-and-forth between those writing the fuel economy rules and auto manufacturers is designed to see how far the CO2 regulations can be pushed without inconveniencing the general public.

Rather than taxing fuel like they do in Europe to encourage buyers to opt for the most fuel-efficient vehicles, in America it's up to the manufacturers to develop a fleet that averages some magic number, in this case 54.5 mpg by 2025. That's because most politicians know that $8- or $9-a-gallon gas like in Europe would end their careers.http://www.autoblog.com/2013/05/19/co2-credits-the-ultimate-rebate