Article N83V The Guardian view on the VW crisis: the planet should be afraid | Editorial

The Guardian view on the VW crisis: the planet should be afraid | Editorial

by
Editorial
from on (#N83V)
It was American, not European, regulators who caught Volkswagen out. If the mis-measurement of pollution is so easily contrived, there will be political as well as commercial imperatives to distort

Like the slowly stewed frog, the world has grown steadily used to the banditry of its banks. The remorseless drip of revelations about laundering, rate-fixing and mis-selling have built up too slowly to provoke a violent reaction, but they have seared a distinction in the public mind - that between despised and predatory finance on the one hand and, on the other, more reputable lines of business that make real things.

This is the backdrop against which an esteemed global manufacturer, and emblem of Germany's purposefully productive capitalism, has been caught doing something that would make the most shameless banker blush. Volkswagen has been applying the technical acumen for which it is so admired to the task of tripping up the American regulators that are tasked with protecting the air that citizens breathe.

Continue reading...

rc.img

rc.img

rc.img

a2.img
ach.imga2t.imga2t2.imgmf.gif
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments