Diesel cars falling out of favour?

[funkyrobot]

http://www.autocar.co.uk/car-news/industry/smmt-ca...

Despite being pedalled as the best type of engine to have because of the CO2 levels, it looks like certain people aren't fans of diesel now.

[Matt UK]

And those who have invested billions are getting very nervous...

[funkyrobot]

Matt UK said:

And those who have invested billions are getting very nervous...

Bizarre, isn't it.

Just shows how silly policies based on something that may not be proven correctly (mmgw) can come back and bite you on the bum.

[Limpet]

It's basically tax driven and has the square root of nothing to do with the environment or emissions or whatever.

Simple, age proven formula:

<Thing> hailed as a utopian solution for something
Tax break for <thing> to encourage behavioural change
<Thing> becomes more popular, and is encouraged until it hurts tax revenues
<Thing> suddenly isn't the answer after all, and what we should all be using is <New Thing>.
Tax breaks introduced for <New Thing>. Tax breaks reversed (or new taxes introduced) for <thing> to encourage behavioural change
<New Thing> becomes popular and is encouraged until it hurts tax revenues
etc etc