And so we brought it back to what the law actually says we should do. Looking at combustion engines making slow, gradual increases in efficiency. The problem was as, as you had the Carmakers were investing billions in technology to try to meet a standard that was never attainable. So it was driving up the cost of a car. And then if they didn't meet the standard, they had to buy carbon credits or efficiency credits. (01:03–01:14)
CLAIM
Asserts that car manufacturers spent billions trying to meet unattainable fuel efficiency standards.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
