Posted on 08/22/2022 3:55:01 AM PDT by Red in Blue PA
While there will be no more loans for new combustion engine vehicles — including hybrids — from 2025, Bank Australia will continue to provide them for used ones.Australian government says it’s “significantly behind the pack when it comes to electric vehicles.”According to the International Energy Agency, electric vehicle sales hit 6.6 million in 2021.
(Excerpt) Read more at cnbc.com ...
It’s not fascism when we* do it.
*we being liberal politicians or commercial organizations.
Smart people will change banks.
So the Australian government told the loan companies to help them force people to get electric cars and the loan companies “willingly” complied.
Obviously the switch would not have happened without this heavy-handed coercion.
When does our government realize that this is a super way to fool the public and implement it here?
THIS is the reason why Tesla when from zero market cap to a $1 Trillion market cap Eben though they had little revenue. Those “in the know” and politically connected knew this was coming.
Criminal.
I’ve been to Australia; love the country and it’s people. I do wonder what’s taken possession of their brains at times though. Example; their gun laws, now their position on renewable energy. I’m wonder how folks will make the drive from sydney to Perth. There is absolutely nothing between the two….
“When does our government realize that this is a super way to fool the public and implement it here?”
Please, don’t give them any suggestions. They are already on a tear. A lot of banks already won’t lend money for the expansion of sidearm manufacture, and some credit card companies won’t accept a charge for purposes of purchasing a gun or ammunition.
When it comes to motor vehicles, keep the old IC vehicle on the road for as long as you still can. With proper care, most modern IC vehicles will roll for a million miles or more.
Where are all the EV/Elon fan boys??
I mean, I don’t know how many times I’ve been told I’m like our great great grandparents who said nothing would ever come of motor cars and laughing about how none of us kept
Our horses and buggies.
I’ve said it from the start…EV’s are not some new form
Of transportation. It’s been around a looong time and has always proved inferior.
It’s just now there’s a new packaging with a guy with an accent.
.
"PUT DOWN THE JUG OF CONTRABAND GASOLINE, AND STEP AWAY
FROM THE TERRORIST INTERNAL COMBUSTION VEHICLE NOW!!!"
"MOVE IT, DIRTBAG!! - OR ELSE YOU ARE RANDOM MOLECULES IN 1 SECOND!!!"
.

.
Naw, it could never get THAT crazy? Could it?
Countries like China that resist this insane rush to throw away their petroleum fueled economies and convert to so-called “renewable energy” will dominate the world industrially and economically in the near future.
The idiot “leaders” in places like the USA and Australia are in the process of destroying their own economies by shutting down reliance on coal and petroleum.
Meanwhile China, India and others are building more coal and oil powered generating plants.
As coal and petroleum usage and demand drops in the west, world prices will go down and the “fossil fuel” powered economies will have the advantage of using less costly power as compared to places like the USA that rely more and more on higher cost “renewable” power sources.
All well and good until the powers that be restrict or ban the sale of gasoline.
I can just imagine cruising the endless miles of the outback or trying the engage in some serious four-wheel driving, in an electric vehicle.
People will die because of this foolishness
Conversation
Bank Australia
@bankaust
🚨 Alert: Contact centre phone issue 🚨
➡️ 8:40am, Monday 22 August 2022
Our contact centre is experiencing an issue this morning affecting incoming calls. We’re working to fix this urgently and will provide updates. We apologise for the inconvenience.
6:46 PM · Aug 21, 2022
Bank Australia
@bankaust
🚨 Resolved: Contact centre phone issue 🚨
Update: Monday 22 August 12:54pm AEST
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If you require any assistance please call on 132 888.
11:17 PM · Aug 21, 2022
“The idiot “leaders” in places like the USA and Australia ...”
I think you meant to say, “the idiotic people...”
Keep your ICE cars - their prices will skyrocket.
I’ll buy an EV when they come with a 400 mile extension cord
To a fascist government, that is irrelevant.
The quotes in the article are an eye opening load of crap. Saying the switch to EV’s has to happen quickly because Australia doesn’t want to be “left behind” and it will save consumers money because they are more efficient. Oh, and an open discussion about this needs to happen. (Ya right).
Australian insanity, coming to a country near you.
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