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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

Another potential use of allowance value is to provide the general public a “dividend” related to the public’s having granted firms the right to make use of the waste-disposal services of the atmosphere through their emissions. This suggests that rates of technological progress are likely to increase under a cap-and-trade program.

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