wtf are these carbon credits. just don't polute, we're over the edge already.
Well, i think its one of the reasons why EU cars are increasing in prices since forever? I mean, the carbon emissions need to "balance out" in all models and trims available. Which is why there are so many PHEVs and electrified versions available. Or something like that
Read the article. But even then, without further knowledge of the matter it is not possible to conclude what this article really wants to do. The carbon certificate market exsists in many industries but the conditions on which they are emitted is a double edged sword and constantly change. All of them are based on a carbon emission accounting, that can be doubted. Again, just saying without dwep knowledge of the matter it is hard to say what this article is saying an doing.
They have been buying from Tesla and other EV companies. I suspect the original design was for the EU automakers, thinking they have the advantages.
Great, now we may need to subsidise chinese carmakers while also putting tariffs on their cars, forcing ~~your~~ our own carmakers to increase prices. The prospects of europeans buying a cheap car is fading every day, unless also subsidised. This is Brussels law making bureaucracy in all its glory, regulations that serve no one within the Schengen area. What used to be a thriving self regulated market is becoming a mess of subsidies. Edit: replaced 'your' with 'our'.
Well, good job to all the right wing nutjobs for diluting the green transition. Now we are still dependent on fossil fuels and nutjob dictatorships like Russia or Middle East, and we can’t take the advantage of the emission accounting.
Or - and hear me out here - maybe they could just build electric cars themselves?
The principal is gas car purchases subsidizing EV purchases. That's the system working as it should. The problem is too many ICE cars and not enough EVs being made in Europe.
Nono: European car makers should definitely pay money to foreign car companies that are eating up their marketshare. Think of it like a tax, we love those ;) /s
Or - maybe they could just continue build very efficient diesel cars? Electric is okay if and only if there is stable AND cheap electricity. Until there is nuclear/renewable massive grid it is just stupid to force eco.
Maybe eu should consider expanding exploration of coal/gas to not depend on dictators?
Hold on. You might still need those right wing nutjobs to overthrow the carbon tax regime for you. Need a handyman to do the wet job.
There seems to be cheap and stable electricity. If it isn't cheap and stable enough, we can build more nuclear and solar. What we can't do, however, is "build" oil and gas. We actually have to buy it from US, Russia, Iran, yk, countries that don't really have the same interests as we do.
This may be the most stupid law ever approved by any government. Make your own industry subsidize your rivals
Under any circumstance European carmaker should subsidize Chinese ones. This law nets to either be scrapped or modified such as credits can only be bought from the government, not from other manufacturers
They do, every EU carmaker already has a lineup of EVs, but European citizens do not want to buy them and they continue buying the ICE versions instead. It is not their fault.
Yes and the problem is Eu automakers do not want to go full on EV and still lobby EU like typical corporations to get exclusions instead of investing. Because shareholder value is more important.
Tesla has made $2 billion, globally, because of it.
Sometimes I wonder wtf is wrong with EU goverments, it almost like they hate homegrown manufacturers, on top of higher energy costs, higher labor costs, higher compliance costs, foreign tariffs etc you want them to pay heavily subsidized foreign competitors.
and where does the US buy their carbon credits after blowing up oil production of a country?
The US is not a party to the carbon credit scheme.
To be fair, Tesla is just as much as a domestic producer. It builds and has its supply chain in Europe. That is critical. Otherwise I would agree because BYD cannot compete if it moved its supply chain to the EU.
There is no such thing as an efficant ICE car. So that is an oxymoron.
this has been going on for years with Tesla. Basically subsidising their own competition
In Germany it is often that charging station prices are higher than just fuel. They are also not everywhere. Travelling by ecar sucks big time.
Look up for how much fuel car used to consume. Then reread your comment.
an open trade makes sense but i believe only net positive projects, like wetland increase, should be emitters. here and in oil, they define a base line and if you are below, you are co2 negative and emitter. even if you actually produce co2. i get the idea but the trade of certificate itself is net co2 emitter. but again, i am not knowledged enough to judge if this is net positive influence. i just know it is strictly seen from a radical and stand alone point of view, not helping the environment by itself. but finance likes papers to trade.
I don't understand why this is necessary. The EU's CO2 output has been in decline for 2+ decades without EVs. During the same period, China's CO2 emission nearly tripled. China also leads in EV/batteries adoption and manufacturing fueled by cheap energy and coal -- about 60% of their power is still generated by coal.
Please go and open basic physics textbooks. By basic physical law an ICE can’t be efficient.
You do understand for the most part people with electric cars charge at home?
> wtf are these carbon credits. just don't polute, we're over the edge already. Carbon credits are proven to be an effective way to reduce emissions, causing industry to decarbonize even faster than the target.
> Well, i think its one of the reasons why EU cars are increasing in prices since forever? I mean, the carbon emissions need to "balance out" in all models and trims available. Which is why there are so many PHEVs and electrified versions available. Or something like that No, if your company doesn't *need* to buy carbon credits because their emissions are zero, the cost is zero.
> I don't understand why this is necessary. The EU's CO2 output has been in decline for 2+ decades without EVs. And transport has been the one sector that didn't decline, and even *grew* during that time. >During the same period, China's CO2 emission nearly tripled. China also leads in EV/batteries adoption and manufacturing fueled by cheap energy and coal -- about 60% of their power is still generated by coal. They just didn't have an established combustion engine industry getting in the way, and were able to choose to invest in electric cars immediately.
> This may be the most stupid law ever approved by any government. Make your own industry subsidize your rivals The problem here is the unwillingness of European carmakers to invest in electric cars.
>Hold on. You might still need those right wing nutjobs to overthrow the carbon tax regime for you. Need a handyman to do the wet job. No, the carbon tax has been very succesful and effective.
> Under any circumstance European carmaker should subsidize Chinese ones. This law nets to either be scrapped or modified such as credits can only be bought from the government, not from other manufacturers No, this is the strong point of the law. It makes companies go faster than strictly legally mandated because they can sell their credits. This results in the industry as a whole decarbonizing faster than they would have if the thresholds were just mandated, and at a lower economic cost.
If combustion engines were efficient, you'd need a heat pump in winter. Electric is okay as long as you don't produce it exclusively with coal and oil. And even then, it would drastically reduce PM and NOx pollution in crowded cities.
What the fuck??? What is wrong with automakers just… MAKING CARS, why all the stupid rules? Thankfully we got rid of the 2035 apocalypse but jeez they are stupid.
Well of course - but pure ev lines are only Chinese brands (and tesla). Hence why they need to buy from them
Yeah and it takes 70-80K kilometres to become carbon neutral in comparison to conservative engines.
No, we do want them but the problem is that we cant pay 50-70k€ for a midsized car, specially if you have two of them like a lot of families. Even the smallest and crappiest EV is the same price as i payed for my large SUV a fews ago.
This judgement depends on what you wanted to achieve with it.
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