Fines clearly don’t work. We need criminal penalties.

6 million cars, the fine is $140 million. That’s $24 or so per car. There’s no way that GM saved only $24/car doing this. So the fine is just a cost of doing business.

EDIT:

The company has also voluntarily retired about 50 million tons of carbon dioxide pollution credits, which are issued by the E.P.A. and used by auto companies to make it easier to comply with increasingly stringent federal tailpipe emissions standards. G.M. estimates the value of the loss of the credits at about $300 million, reflecting what it paid for them a decade or so ago. However, the market value of those carbon credits varies, and a more recent government estimate of $86 per credit would put the value at about $4.6 billion.

This is probably where the actual sting to them is.

From the streetcar conspiracy to this. GM sure has an illustrious history.

That’s how many major car companies caught bullshitting emissions requirements now? It’s almost as if there’s some kind of underlying thing driving (pun unintended but welcome ;3 Call it comic relief if you like) capitalist entities toward awful behaviour.

This is the best summary I could come up with:

The Biden administration reached a settlement with General Motors after determining that the automaker sold nearly six million cars that emitted more planet-warming carbon dioxide than the company had claimed, violating federal regulations.

will pay more than $145.8 million in penalties for selling vehicles between model years 2012 and 2018 that were required to comply with Obama-era auto tailpipe emissions standards designed to reduce planet-warming pollution.

“Our investigation has achieved accountability and upholds an important program that’s reducing air pollution and protecting communities across the country.”

GM remains committed to reducing auto emissions and working toward achieving the Administration’s fleet electrification goals,” the statement said.

Once fully implemented, the new rules are designed to ensure that the majority of new passenger cars and light trucks sold in the United States are all-electric or hybrids by 2032, up from less than 10 percent last year.

The loss of G.M.’s carbon dioxide pollution credits in the settlement could make it more difficult or expensive for the company to comply with those new rules.

The original article contains 554 words, the summary contains 171 words. Saved 69%. I’m a bot and I’m open source!

Ofc