alt Hacker NewsDo you think fuel efficiency or emission standards "slowed down innovation"? They brought a huge amount of innovation: lighter materials, better aerodynamics, higher compression ratios, direct injection, better mixture control, etc.
There will still be innovation; the solutions will just have satisfy the new parameters.
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dzhiurgis • today at 7:36 AM
And then when EVs become viable they went - naaaah look at those efficient diesels!!
thrownthatway • today at 3:52 AM
To a degree.
You can’t have infinitely improving standards for an infinite time, otherwise you end up with bullshit like Dieselgate, and ecotechnocrats forcing everyone to drive around in mobile inextinguishable incendiary devices.
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Yes, they definitely slowed down innovation and decreased consumer surplus compared to the counterfactual of just taxing the behaviour you don't like (like taxing fuel or emissions).