The U.S. is out to create a clean-air zone around its coastlines, targeting diesel ships that look pretty dirty from shore. The cost will be only a penny per pair of sneakers, the EPA advises. Of course the cost of shoes can sneak up on you — the total is $3.2 billion per year by 2020. Health savings will more than compensate for costs, they say.
Volkswagen’s U.S. chief ruffled some entrepreneurial feathers on Thursday when he told a group of business school students at UCLA’s Anderson School of Management that it will be 35 years before electric cars make up a significant portion of the world’s auto market.
The car is king in Southern California, so what better place for stressed out auto executives to blow off some steam and take a break from their considerable recent troubles?