VW Acquisition To Save Porsche $400M Euros In Emissions Penalties
After it takes over Volkswagen, Porsche will be able to offset the emissions of its high-performance sports cars with those of VW’s more emission-efficient cars, according to Thompson Financial (via Hemscott).
Without VW, Porsche would face an annual 400 million euros penalty.
The EU plans to limit C02 emissions to 120 grams per kilometre after 2012. The new 3.6-litre Porsche 911 has C02 emissions of around 230 grams per kilometre.
Porsche said in February it would fight London’s daily charge for cars with low fuel efficiency.
Environmentalists and the European Commission don’t like a plan by Germany and France to tighten limits on auto pollution, the Herald Tribune reports.
Energy Manager News
- In Duluth, This Month’s Utility Bills Include a Little Something Extra
- PSEG Surreptitiously Starts Retail Energy Supplier
- New Refrigerant Rules Will Have Long Term Impact
- Building Data Platform from Leviton
- Athens, OH, Nears $4.28M Retrofit Project
- ERC Price Benchmark Trends Week Ending: September 23, 2016
- Feds Asked to Reverse Montana PSC Decision on Solar Charges
- Energy Retailer Crius Acquires Assets of Verengo