A U.S. federal judge approved a $14.7 billion settlement in the Volkswagen “Dieselgate” scandal.
Yuankuei / Flickr
This is one of the largest consumer lawsuits affecting more than 475,000 diesel cars in the U.S. The settlement gives Volkswagen owners the option to sell their vehicle back or get a free fix.
“The settlement is fair, reasonable and adequate,” U.S. District Judge Charles Breyer wrote in his order.
The German carmaker will also pay $4.7 billion for environmental programs and promotion of zero-emissions vehicles.
#Volkswagen Bets on Electric Cars After Dieselgate https://t.co/gmh5dr6rpd @sierraclub @ClimateReality #EVs @elonmusk
— EcoWatch (@EcoWatch) June 17, 2016
“Judge Breyer is making them pay the price. Volkswagen chose to poison our families with dangerous pollution just to pad its pocketbook,” Kathryn Phillips, California director for the Sierra Club environmental group, said.
For a deeper dive:
Wall Street Journal, LA Times, Chicago Tribune, Reuters, Detroit News, USA Today, New York Times, NPR, Bloomberg
For more climate change and clean energy news, you can follow Climate Nexus on Twitter and Facebook, and sign up for daily Hot News.