I don’t suggest exemption from the law but an arrangement that doesn’t break the goal and preserves some legacy for those who want to keep it and are willing to chip in.

It’s like not demolishing the Parthenon and some other old buildings even if they don’t meet the modern construction requirements.

See my response here:

https://news.ycombinator.com/item?id=28652958

Putting some Ferrari's in a museum or on some restricted racing track is ok. But forcing everybody to follow the law and letting some rich people on TV ignore all the rules seems like a bad way to fight climate change.

It’s not ignoring the rules if the rules are structured in a way to solve the problem but at the same time allow some exceptions in exchange for something.

I guess it comes down to what you are trying to achieve. Do you want to cut down the emissions dramatically or are you after some kind of engine equality ideal?

I believe that setting the right example is of paramount importance when fighting climate change. No realistic amount of financial compensation can make a difference, because it sends the wrong message.