• FelixCress@lemmy.world
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    18 hours ago

    There are flexibilities in the system, allowing manufacturers that can’t meet the targets to buy “credits” from those that can. In practice, this means buying credits from companies such as Tesla or Chinese firm BYD, which build electric models exclusively. (…) none of whom have a manufacturing base in the UK.

    This is madness.

    • C A B B A G E
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      17 hours ago

      It’s how a lot of “green” policies work. Totally bizarre logic.

      My energy provider offers gas on green tarrifs by offsetting it with “carbon credits”.

  • wewbull
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    18 hours ago

    Again, I’m struck with the lack of overall data. I can believe that individual manufacturers have saturated the marked for £70k luxury EVs and their sales are slumping. That doesn’t mean demand for EVs is falling though.

    • DrCake@lemmy.world
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      18 hours ago

      Absolutely, we’ve been looking at getting an ev but don’t want or need a big SUV/crossover. Trying to find a small ev, that’s both good as an ev and affordable is pretty limiting

  • Theoriginalthon@lemmy.world
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    18 hours ago

    There are flexibilities in the system, allowing manufacturers that can’t meet the targets to buy “credits” from those that can.

    Where have I seen this go badly before, oh yeah carbon tax credits, that’s going well…