GM Agrees to Forfeit 50 Million Tons of Greenhouse Gas Credits in Emissions Settlement

GM Agrees to Forfeit 50 Million Tons of Greenhouse Gas Credits in Emissions Settlement
The new GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook/Reuters
Tom Ozimek
Updated:
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General Motors (GM) has agreed to forfeit around 50 million metric tons of greenhouse gas credits as part of a settlement with the federal government over allegations that millions of GM vehicles were emitting carbon dioxide at levels higher than the company had claimed.

The U.S. Environmental Protection Agency (EPA) said on July 3 that it had reached a settlement with GM after an investigation found that 5.9 million GM vehicles from the 2012–18 model years that are currently in use were in violation.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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