<a href="https://en.wikipedia.org/wiki/European_emission_standards#/media/File:Euronorms_Diesel.png" rel="nofollow">https://en.wikipedia.org/wiki/European_emission_standards#/m...</a><p>As a layman these sorts of reductions always seemed pretty strict to me. It seemed like a backdoor way of banning ICE's.<p>We know that we need to hit zero CO2. I think that regulations on emissions are the complete wrong way to go about it, though. Health issues in cities are irrelevant if global warming means the cities are underwater.<p>Tax the fuel, give incentives to renewable energies and batteries, and let the market sort it out.<p>Or, have the government seriously attack on the research front.<p>It feels a bit like we're sitting here with this 'money' abstraction and pretending that energy research is too expensive, when realistically, governments across the world have the might to make clean energy the next Apollo project. Why aren't they? That would be a fantastic legacy for any president/prime minister/whatever.<p>The UK could take bits of land it owns, chuck homes there, give some fresh university grads in shit economic situations some research to crunch on. Like Manhattan 2.0.<p>You can't just say to people 'oh, your car is impossible, let's go and sniff each other's armpits on the subway, and you'll have to walk to the countryside'. It just doesn't work.
Perhaps we are at the extreme limits of emissions reductions and no real further gains can be made unless more active equipment is used on the exhaust such as electrostatic precipitators for diesels, and extra direct treatment like catalytic converters do.
The article says:<p>"Investors responded by pushing Mitsubishi shares down by 10%. The fuel test scandal has now erased half of the company's market value, and its shares are sitting at a record low."<p>Shouldn't a 10% drop in their shares result in a 10% drop in the company's market value? Not 50%? I don't know much about this kinda stuff - please be chill.
Those small vehicles (kei cars) were reported to be under attack during the TPP trade agreement negociations because they had special tax breaks.<p><a href="http://www.japantimes.co.jp/news/2012/01/27/business/lower-tax-rates-for-kei-cars-arent-ok-with-american-automakers/#.Vx_hr3qPW70" rel="nofollow">http://www.japantimes.co.jp/news/2012/01/27/business/lower-t...</a>