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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

The Federal and state governments also expect the manufacturers to use self-financed competitive measures to provide incentives for the change of pre-Euro-5 diesel vehicles to vehicles with the latest exhaust gas aftertreatment or electric vehicles. In this sense, modern and clean diesel technology can also contribute to climate protection.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

For example, automobile firms have an incentive to invest in energy efficiency because consumers value fuel efficiency. Support for this use of allowance value stems from the idea that the climate-regulating services of the atmosphere are a common property resource. Perhaps the primary concern regarding offsets is their integrity.

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