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Germany Ponders Fund to Pay for Diesel Updates
The German government is studying a plan in which the country’s carmakers would contribute a combined €5 billion ($6.1 billion) to help pay for upgrades for emission control systems of older diesels, says Der Spiegel.
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The German government is studying a plan in which the country’s carmakers would contribute a combined €5 billion ($6.1 billion) to help pay for upgrades for emission control systems of older diesels, says Der Spiegel.
The government would contribute an unspecified amount to the fund to launch a “comprehensive” upgrade program targeting most of the 15 million diesels currently on the road in Germany, according to the magazine. It estimates only 2.7 million of those vehicles are equipped to meet current Euro 6 emission standards.
The updates for some engines would involve a costly “selective catalytic reduction” system that would require a new catalytic converter and retrofitted urea injection system, according to Der Spiegel.
Neither the government nor German carmakers have commented on the report, Reuters says. The news service notes that Chancellor Angela Merkel and key ministers will soon meet to discuss options that would enable Germany’s cities to meet air quality targets without imposing bans on older diesels.
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