Comment by GuB-42
3 hours ago
I get the idea but it is a very one-sided argument. It sounds like "but can't they just trust us?". And no, they can't, that's the reason why regulation exists. They said they have done all sorts of research to make sure their tech is safe, but would they have done it if there wasn't any regulation? Many companies wouldn't have, because it is not profitable, even accounting for the risk and especially for startups that don't have a lot to lose.
They also claim that by not letting they do their things, regulation caused the emission of plenty of CO2, NO, etc... Yeah, right, we can say the same for drug testing too, drug testing may have killed millions by delaying the adoption of life saving drugs, so should we stop testing drugs? It is debatable really, but I am sure that experts studied to question seriously and that the answer is no.
Regulation is costly and inefficient, obviously, that's the point, if it wasn't you wouldn't need regulation because that's what companies would do naturally. It is also not perfect and you can always find bad regulation. But overall, they are important.
Do you think your points are applicable to the specific examples he gives? e.g.:
>As one example, one state agency has asked Revoy to do certified engine testing to prove that the Revoy doesn’t increase emissions of semi trucks. And that Revoy must do this certification across every single truck engine family. It costs $100,000 per certification and there are more than 270 engine families for the 9 engines that our initial partners use. That’s $27,000,000 for this one regulatory item. And keep in mind that this is to certify that a device—whose sole reason for existence is to cut pollution by >90%, and which has demonstrably done so across nearly 100,000 miles of testing and operations—is not increasing the emissions of the truck. It’s a complete waste of money for everyone.
And that $27M dollar cost doesn’t include the cost to society. This over-regulation will delay deployment of EV trucks by years, increasing NOₓ and PM 2.5 air pollution exposure for many of society’s least well-off who live near freeways
> They said they have done all sorts of research to make sure their tech is safe...
We've heard this one before. This really is a regulation bad because "trust me bro our product/service is so good for you/the environment/the world/etc and it's just regulations that are holding us back."
This isn't to say that it's not a fine product/service, but we are talking about a service that alters how companies may comply with current/future emissions regulations. By apparently pumping it back into the ground. We might want the regulators to really make sure that is a good idea and not just take their word for it.