TLR
Put this in the ‘beyond ridiculous’ file that explains the current situation of a contracting European economy; specifically, in the auto sector.
Europe has fines associated with the production of gasoline powered engines if the auto company doesn’t hit targets for sales of electric vehicles. The fines triggered this year. In order to avoid paying the European fines the auto makers are forming alliances with Chinese EV makers to purchase carbon credit offsets.
In essence, EU car companies buy Chinese car company carbon credits, to avoid the EU fines. The Chinese car companies can then use the carbon credit revenue to subsidize lower priced Chinese EVs to the European car market, thereby undercutting the European EV car companies. BRILLIANT!
h/t JDHasty
Carbon Credits – one of the biggest money sucking scams ever invented.
Graceia – Soot is black. Coal is black. Oil is black. Charcoal is black. Carbon is black! Black carbon makes black smoke! Black is bad! Carbon is bad!!! BAD CARBON!
How do you like your toast?
“Global Warming” was the pretext for other spin-off scams like Carbon Credits. For the most part Carbon Credits are simply an excuse to pollute. It solves nothing.
GM – Aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaannd it’s Black!
And Harry, if you have a black shadow, you’ve been eating too much carbon! (For example, Oreos are black. BAD! The only what to compensate is with white MILK!)
The EU is the poster boy for globalism.
Call it what is is.
Extortion.
Pay to Play.
China ships cheap EV’s to the EU only to have the transport cargo ships have battery fires before they reach European shores and creating massive carbon emissions in the process.
It’s always been a scam. Why no revolution against the charlatans?
A bit reminiscent of the Catholic Church selling indulgences. Datapoint that Climate Swidle is a cult and false religion.
Carbon Credits GTFOH
Trump needs to cut that crap off at the short hairs.
^ Is that like nipping it in the bud during the short strokes? 🤣🤣
You can bet team Trump is getting ready to say 50% for you and !00% for you on all the EV cars they are trying to dump here.
Dummies.