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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

If they don’t have enough allowances to cover their emissions they must purchase more or face a penalty. For example, automobile firms have an incentive to invest in energy efficiency because consumers value fuel efficiency. If they find they have a surplus they can sell the extra allowances to other power generators who may need them.

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