True Green Capital Management supports Open Letter to California Air Resources Board Chairman Mary Nichols regarding the VW Emission Scandal

Elon Musk, the CEO of electric car company Tesla Motors, signed a letter sent to California emissions regulators on Thursday, urging them to abandon the plan to force Volkswagen to fix their emissions-cheating cars and instead require that the company put the resources it would take to accomplish that into transitioning to a zero-emissions car company.

“A giant sum of money [will] be wasted in attempting to fix cars that cannot all be fixed, and where the fix may be worse than the problem if the cars are crushed well before the end of their useful lives,” the letter reads. “Instead, direct VW to accelerate greatly its rollout of zero-emission vehicles, which by their very nature, have zero emissions and thus present zero opportunities for cheating, and also do not require any enforcement dollars to verify.”

Former eBay President Jeff Skoll, Sierra Club Executive Director Mike Brune, clean energy firm Energy Innovation CEO Hal Harvey, and 41 other clean energy executives and environmental activists also signed the letter to the California Air Resources Board (CARB).