Tougher Average Fleet Fuel Regulations In Europe
Like the CAFE regulations in USA since 1975, the European Union is acting like a central planner to resolve a non issue. Any environmental justification is most likely a red herring.
Unconstitutional Expropriation
Such regulations are akin to the government resorting to eminent domain. Property rights of automobile manufacturers are trampled.
Government Industrial Policies
This is a massive government intervention into the workings of the free market. Government undertakes to structure an entire industry and to interfere with business decisions.
Such massive regulations are a considerable constraint on innovation.
Government Mandated Rationing
Don’t be fooled! That is what it is! Consumer will needlessly and invariably have to pay more for future vehicles. Consumers will have less of a choice.
Non-Tariff Trade Protectionism
Average fleet fuel efficiency regulations are nothing but measures of non-tariff trade protectionism. I hope, the developing countries or other OECD countries will finally wake up and fight these regulations.
These regulations are designed to substitute foreign imports of vehicles to domestic production of vehicles. If I was the owner/principal of an Indian car company I would sue the European Union and the US.
Proposal For A Solution
Why does government not limit
itself to funding basic research into e.g. bacteria that can split carbon
dioxide into oxygen and stay out of the way to meddle with businesses and
consumers?
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