That is the letter Elon Musk and 44 other others wrote and signed before dispatching it to Mary Nichols, the chairman of California Air Resources Board (CARB) – asking the board to forgive Volkswagen of the infraction of cheating with its emissions, but rather levy VW with the task of transitioning to zero emission vehicles in the coming years - according to a coverage on Mashable.
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Musk and the other signatories in the letter argued that it won’t be possible to ask VW to fix all the affected diesel models in California, because car owners even won’t bring in their cars for fixing knowing fully-well it might impact on the performance of their cars. Musk therefore thinks it is better to “cure the air, and not the cars.”
Ion Yadigaroglu, partner at Capricorn Investment Group noted that "A giant sum of money thus will be wasted in attempting to fix cars that cannot all be fixed. Retrofitting urea tank systems to small cars is costly and impractical."
According to signatories to the letter, VW should not be made to pay any fines or struggle with fixing the affecting cars, but should within the next five years be made to produce only vehicles with zero emissions because this step would produce "in a 10 for 1 or greater reduction in pollutant emissions as compared to the pollution associated with the diesel fleet cheating."
Analysts however think the letter is profit-driven even though it solves a great problem on the surface. The reason for this assumption is because most of the signatories have huge investments in green technology companies; and where VW is asked to go the zero-emission route, the automaker would first need to buy zero emissions credits and also purchase millions of EV batteries from companies owned by some of the signatories.
But if profiting from the deal would save our planet and reverse climate change minimally, what it be too much if initiators for the redress gained a little from the enterprise? After all, they are all investors and businessmen in the auto industry.
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