Image problem for VW
Clive Crook at Bloomberg says there are several scandals linked to the VW diesel debacle. Here we’ll focus on one of them, related to so-called climate policies. Was the ‘dash for diesel’ ever a rational policy?
A third scandal, even more costly than the first two, also needs to be noticed and examined. It concerns the economic and environmental policies that first set European car manufacturers and consumers on course to this pile-up.
Remember that “clean diesel” was a government-led initiative, brought to you courtesy of Europe’s taxpayers. And, by the way, the policy had proved a massively expensive failure on its own terms even before the VW scandal broke.
It’s this scandal that teaches the most important lessons.
View original post 436 more words
Utopia, you are standing in it! 
Recent Comments