AUTOMOTIVE INSIGHT: Are the Rich Exempt from CO2 Regulations?

March 27th, 2008 at 1:00pm

As heard on
WWJ Newsradio 950

Listen to this story:

When it comes to reducing CO2 to save the planet, are the rich going to be exempt from all the regulations?

Automakers face strict regulations to reduce CO2 emissions. But some automakers, like Porsche, say there’s no way they can meet those standards.

In fact, it’s hard to see how any luxury or performance brand will be able to meet them. Can you imagine a Rolls-Royce the size of a Volkswagen Rabbit, or a Ferrari with the performance of a Toyota Prius? Well, that’s what it’s going to take to meet these regulations.

So I’ll make a bold prediction here. When it looks like these CO2 regulations threaten to put those companies out of business, the politicians will say, “They don’t really sell that many cars, so let’s give them an exemption.” Sure, they’ll slap them on the wrists with some fines, but when push comes to shove, the jet set will get their toys.

 

One Comment to “AUTOMOTIVE INSIGHT: Are the Rich Exempt from CO2 Regulations?”

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