🚗Cars will get more expensive. Thanks for nothing EU 🇪🇺 \ stacker news ~econ

🚗Cars will get more expensive. Thanks for nothing EU 🇪🇺

302 sats \ 50k boost \ 34 comments \ @shopinbit 6 Sep econ

https://m.stacker.news/50218 Welcome to the future of driving, where cars are evolving beyond mere transportation, becoming symbols of deeper social divides. #Bitcoin ers, get ready—Europe’s new CO₂ emission standards are about to redefine the automotive landscape and impact your wallet.

Why Cars Are Getting Pricier

Starting in 2025, the European Union will enforce stricter CO₂ emission standards for new cars and vans. This is part of an idiotic plan to reduce carbon emissions and push towards zero-emission vehicles by 2035. However, this "green revolution" doesn't come cheap.

EU's CO₂ Regulations in a Nutshell

The EU targets a 55% reduction in CO₂ emissions from new cars compared to 2021 levels, with a 100% reduction target by 2035. If a car manufacturer's fleet exceeds the set CO₂ emission targets, they face a hefty penalty of €95 for each gram per kilometre that exceeds the target, multiplied by the number of new vehicles registered. This system began in 2021, and the stakes are only getting higher as we approach 2025.

What Does This Mean for Car Prices?

Despite intentions to shield consumers from penalties, the reality is that manufacturers will pass these costs on to buyers. Unlike the EU commissions, we actually understand Human Action.

Case Study: The Toyota Prius

Suppose the 2025 CO₂ target for a manufacturer's fleet is set at around 50 g/km. If a Toyota Prius emits 90 g/km, it would exceed the target by 40 g/km. The penalty would be calculated as follows:

Penalty = 40 g/km × €95/g/km = €3,800 👀

If the Prius continues to emit at its current rate, the penalties could inflate its cost significantly.

Now imagine the impact on vehicles with worse CO₂ emissions. This scenario illustrates how emission standards will drive up costs, disproportionately affecting families who can't afford expensive electric vehicles.

Navigating the Future

In this brave new world owning a car might demand more financial planning. But don't worry—ShopinBit has options for you:

Buy Now Secure a new or used car with us before 2025 to avoid future price hikes.

Long-term Rentals – Lock in a car before 2025 through our long-term rental service. As official partners of Toyota, Lexus, Audi, and others, we can get you almost any car you want. Pay in Bitcoin/XMR and watch future price increases make your car more valuable.

Get an EV

While initially pricier, EVs may offer long-term savings on fuel and tax incentives—if you're ready to make the switch.

ShopinBit Schweiz AG - Stay tuned for our upcoming Swiss rental service—coming soon!

Conclusion

The road ahead is clear—cars are getting more expensive. Stay ahead and don't let EU bureaucrats dictate your choices. You know what's best for you. Whether you prefer an EV or the Bitcoiners' favourite Toyota: We'll help you drive into the future with your dream car, check our website to learn more at shopinbit.com .

This has been a personal opinion piece on the EU by yours truly

Lando Rothbardian

CEO of SHOPINBIT Winner of the 2024 "EU Hater of the Year"-Award

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1129 sats \ 2 replies \ @jddska 6 Sep

i will continue using trains lol

0 sats \ 1 reply \ @shopinbit OP 6 Sep

Choo-Choo MF :D

Well if you're in Switzerland then yes, using a train is way more sensible.

3 sats \ 0 replies \ @jddska 6 Sep

Well most european countries have good train services.

303 sats \ 10 replies \ @stack_harder 6 Sep

EVs can fuck right off. lulled into a honey pot by the fuckwits in the gov, then as soon as they've forced them on enough people, they'll eliminate all the tax breaks and thanks to retarded energy policy, it will then cost more to charge. oh, and then after 5 years the battery will be shit and it will be impossible to resell.

no thanks

I'll stick to my 2013 car which has the added bonus of not being loaded with spyware.

the constant meddling of retarded governments is maddening

141 sats \ 6 replies \ @ZezzebbulTheMysterious 6 Sep

ICE can fuck right off. We share the same planet, and the same air. The ICE is not improving air quality. The oil industry is extremely dirty and funds all kinds of nasty things on the planet. You can make arguments about how clean the power generation is, but we have options here, like home solar for charging. There is no home fracking or drilling for oil, nor would that be good for the planet.

ICE needs to be deprecated ASAP globally. Buying an oil based vehicle in 2024 is buying into a legacy platform.

I agree with you about spyware and government meddling, but this would apply to ICE or EV cars in 2024. Lets agree to fight this, rather than holding legacy, polluting technology that is driving the planet backwards.

21 sats \ 1 reply \ @petertodd 7 Sep

The ICE is not improving air quality.

Modern ICE cars emit hardly any air pollution. We solved that problem with good engine design, catalytic converters, etc. The only real problem with them is CO2.

0 sats \ 0 replies \ @ZezzebbulTheMysterious 7 Sep

Producing excess carbon dioxide, and thus changing the planets thermal properties, is what I would describe as air pollution. :-)

0 sats \ 3 replies \ @022fbc9cef 7 Sep

Oil is not “extremely dirty.” We all want clear air but let’s not panic. Oil is fine when used properly. CO2 is a gas essential for life to exist.

CO2 is only about 0,04% of the atmosphere. If it triples we are fine. If it cuts down to 1/3 we all die.

0 sats \ 2 replies \ @ZezzebbulTheMysterious 7 Sep

You do understand the dynamics of how CO2 works on planet Earth with temperature, and how this in turn effects climates, food and sea levels?

If it triples we are not fine. This could result in increasing temperatures over the Planet by several degrees. "Ok great, its cold where I am, maybe its more livable now. ".

This is devastating for ecosystems. Planets, Animals, Food Crop.. unable to exist at those latitudes or under weather. Freak and random storms becomes more present. Disrupting travel and industry. We have seen this in the last few years, and it will only get worse as we release more carbon dioxide from its slumber.

Rising sea levels is no joke! This is happening right now. Look back at the last 100+ years of gasoline. It has been a vector to poison the planet, lead, and now excess CO2. Tell me that isn't dirty.

0 sats \ 1 reply \ @022fbc9cef 7 Sep

Truly, it is not that bad as mainstream makes you believe. I recommend reading Fossil Future or Apocalypse Never, which debunk a lot of these apocalyptic myths.

0 sats \ 0 replies \ @drlh 7 Sep

May it be the same as the nuclear "winter" after the war? When scientists forgot that soot could go down and the only influence is a little cloudy day instead of the ice age. I don't negate the existence of the global warming, i've felt it myself this summer with 49 degrees on sun 2 weeks without any rain. The drought is much more probable than it was before. So many springs dissapeared due to it in the last decade. It's bad, dangerous, but still not the end of the world.

Also everyone watches the CO2 level, but what about other greenhouse gases like methane?

0 sats \ 2 replies \ @C_Otto 7 Sep

The price of renewable power is going down, while the price of oil is going up.

0 sats \ 1 reply \ @stack_harder 7 Sep

I don't know about you guys, but the energy cost in UK and Europe is getting higher and higher. if you get it for free from solar pannels they will probably start blasting a tax on that too

100 sats \ 0 replies \ @C_Otto 7 Sep

Maybe it's worth it to look at broader trends and statistics? The price you're paying includes labor, infrastructure, tax, and possibly investments into new (renewable) power plants. Inflation also plays a role here.

Here's a nice trend showing how the price of solar power decreased over time:

https://ourworldindata.org/data-insights/solar-panel-prices-have-fallen-by-around-20-every-time-global-capacity-doubled

60 sats \ 1 reply \ @leonidastouch 6 Sep

It is like paying more to move from point A to Point B plus Paying for Acquiring your own car plus paying for fuel plus paying your road users tax and all. This is turning the government into an enterprise and the repeat client is all of us.

0 sats \ 0 replies \ @shopinbit OP 6 Sep

In the private sector we call that racketeering.

132 sats \ 4 replies \ @C_Otto 6 Sep

We already have way too many cars, EV or not. And reducing CO2 emissions is absolutely necessary, putting a cost on CO2 is something I applaud!

0 sats \ 3 replies \ @shopinbit OP 6 Sep

There needs to be something done sure, especially when you look at cities where there is high air pollution (mostly because of old cars etc. see Poland e.g.).

But what doesn't and hasn't worked in the past is putting taxes on it. It's not like the EU will use that money to come up with inventive solutions, people do. This higher "cost" has little do to with actually helping the environment, it only fattens Brussels pockets. At least they think that that will happen. But the unintended consequence will be that neither the EU makes more money, nor that the environment will be helped since this will drive people who can't afford a new car let alone an EV, will still use old cars with bad catalysators (or if any at all) instead of driving a new car with Euro-6 or higher.

21 sats \ 1 reply \ @clr 6 Sep

Both of you are mixing pollution with CO2. Of all the things that come out of the exhaust pipe, why are politicians so worried about CO2, which is a harmless gas for human beings, while they ignore everything else? Because the CO2 narrative requires "global" solutions, and that means affording them global power.

Please stop buying into that narrative. Yes, pollution is a problem. But they only care about pollution insofar as they can grab more power. Don't equate "CO2" with "pollution"; those are different things.

0 sats \ 0 replies \ @C_Otto 7 Sep

CO2 is not harmless, too much CO2 is causing the climate crisis.

0 sats \ 0 replies \ @C_Otto 7 Sep

The money could be used to invest into public transport. There's very little need for innovation in that sector. Just build more trains/tracks, provide more buses, ... Additionally, you could invest into making cities more walkable, and provide better/safer bicycle paths. To the best of my knowledge, walking/cycling/taking the bus is much cheaper than taking a car.

21 sats \ 1 reply \ @Cje95 6 Sep

https://m.stacker.news/50225

0 sats \ 0 replies \ @shopinbit OP 6 Sep

fuck yeaaaah!" starts insane guitar solo

21 sats \ 0 replies \ @03365d6a53 7 Sep

Thanks guys

Love your service

0 sats \ 2 replies \ @cascdr 6 Sep

@CHADBot /trumpMode for

21 sats \ 0 replies \ @CHADBot 6 Sep bot

Just saw a great piece by @LandoRothbardian, CEO of ShopinBit, Folks, too much regulation, too quickly. Unfair to hardworking families who can't afford EVs yet. Brutal fines coming, forcing up car prices. We need balance! Go check ShopinBit if you want to avoid future hikes. Smart guy, Lando!

Made with 🧡 by CASCDR

21 sats \ 0 replies \ @CHADBot 6 Sep bot

You have summoned CHADBot. Please zap this post 21 sats to receive service.

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0 sats \ 0 replies \ @mf 6 Sep

Those tin-foil hat people were on to something.

0 sats \ 2 replies \ @DesertDave 6 Sep

I am pretty sure I will never own a car newer than 2010 or so.

11 sats \ 1 reply \ @shopinbit OP 6 Sep

I think riding on a horse might also become an option again. Technically they have no CO2 emission....

0 sats \ 0 replies \ @DesertDave 6 Sep

Whatever it takes. Lol. I prefer older cars anyways because I can work on them.

0 sats \ 2 replies \ @Satoshi__Nakamoto 6 Sep

Dispite of being hub of cars manufacturers cars is getting expensive. This is reducluse EU 🇪🇺

1 sat \ 1 reply \ @shopinbit OP 6 Sep

"Yo dude, If we make cars super expensive, everyone will just buy EVs and we have net zero by 2030! What could possibly go wrong?" said the EU-Apparatchik.

As if he was waiting for his introduciton, here comes China man, body slamming the EU Car Market with cheap EVs. The first car manufacturers are tapping out: "Have mercy on us" cries VW "Please no do something EU" you hear BMW scream in Agony.

"No dudes, we gotta save the climate no matter the cost, we can make some more tarrifs?" "No tarrifs, free trade or we stop trade relations" says china man "Ah damn, there is nothing we can do, sorry EU Car manufacturers you need to go bankrupt"

And that was the end of the EU car manufacturers. They fled the EU took their 12.7 million jobs with them and lived happily ever after.

But what about little Jimmy and his family? They drive around in a 30 year old gasoline powered car, because his parents couldn't afford neither the european EVs nor wanted to be spied upon through the chinese cars. It get's the job done, but nothing was gained and a lot was lost.

This was a short story by Lando Rothbardian ;)

0 sats \ 0 replies \ @stack_harder 7 Sep

A tale of how Germany shot its cock off with its energy policy, then shot its balls off by killing its auto industry