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EU target of average car CO2 emissions is 95g per kilometer. [...] Why Does FCA Need to Buy Emissions Credits? In 2018, FCA's average CO2 emissions was estimated at 123 grams per kilometer, moreover, the automaker was sued by the US Department of Justice in 2017 for allegedly using software to mislead regulators into thinking its cars were compliant. FCA resolved those charges for $800 million, but it also recently recalled almost 1 million cars in the U.S. for violating emissions standards.
The two companies hold stakes in each other, but that alliance has been strained since the arrest of Nissan-Renault CEO Carlos Ghosn late last year. Ghosn has been charged in Japan with committing financial crimes while serving as CEO of Nissan, charges Ghosn and his lawyers vehemently deny.
archived EA2020 China's National Carbon Cap and Trade Program Cap and Trade is better than nothing ... cabon market pays off in 2005 the European Union Emission Trading Scheme (EU ETS) set a cap Energize America "It never left DailyKos." Netroots nation. Banks are pulling out of the carbon-offsetting market after Copenhagen failed after the failure to make progress at Copenhagen on reaching new emissions targets after 2012. Obama no-show. Who knows what is going on with CO2 credit trading? &tc. Diversity is the key to economic and political evolution.
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