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Australian bank to scrap loans for new diesel and gasoline cars as country looks to increase EV uptake
Cnbc ^

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 ...


TOPICS: News/Current Events
KEYWORDS: australia; automotive; electric; postkaren; scrolldown
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1 posted on 08/22/2022 3:55:01 AM PDT by Red in Blue PA
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To: Red in Blue PA

It’s not fascism when we* do it.

*we being liberal politicians or commercial organizations.


2 posted on 08/22/2022 3:56:05 AM PDT by Red in Blue PA (You can vote your way into socialism, but you have to shoot your way out.)
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To: Red in Blue PA

Smart people will change banks.


3 posted on 08/22/2022 4:01:56 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Red in Blue PA

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?


4 posted on 08/22/2022 4:03:15 AM PDT by I want the USA back (Damn it! We need Trump! America First! Bring America back! We're being governed by fascists.)
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To: I want the USA back

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.


5 posted on 08/22/2022 4:04:12 AM PDT by Red in Blue PA (You can vote your way into socialism, but you have to shoot your way out.)
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To: Red in Blue PA

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….


6 posted on 08/22/2022 4:05:34 AM PDT by snoringbear (,W,E.oGovernment is the Pimp, )
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To: I want the USA back

“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.


7 posted on 08/22/2022 4:09:28 AM PDT by alloysteel (There are folks running the government who shouldn't be allowed to play with matches - Will Rogers)
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To: Red in Blue PA

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.


8 posted on 08/22/2022 4:09:30 AM PDT by Billie Bud
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To: Red in Blue PA
Federal Environmental Enforcement Officers with environmentally-friendly
electric disintegration laser weapons drawn:

.

"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?

9 posted on 08/22/2022 4:15:22 AM PDT by GaltAdonis
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To: Red in Blue PA

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.


10 posted on 08/22/2022 4:16:48 AM PDT by Iron Munro (Those Dummer Vacations Don't Pay For Themselves !)
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To: alloysteel

All well and good until the powers that be restrict or ban the sale of gasoline.


11 posted on 08/22/2022 4:19:39 AM PDT by bigdaddy45
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To: Red in Blue PA

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


12 posted on 08/22/2022 4:21:07 AM PDT by LeoWindhorse
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To: maddog55

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
The issue affecting incoming calls to our contact centre has now been resolved and we appreciate your patience.
If you require any assistance please call on 132 888.
11:17 PM · Aug 21, 2022


13 posted on 08/22/2022 4:22:33 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: Iron Munro

“The idiot “leaders” in places like the USA and Australia ...”

I think you meant to say, “the idiotic people...”


14 posted on 08/22/2022 4:28:55 AM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: Red in Blue PA

Keep your ICE cars - their prices will skyrocket.


15 posted on 08/22/2022 4:30:52 AM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: Red in Blue PA

I’ll buy an EV when they come with a 400 mile extension cord


16 posted on 08/22/2022 4:32:30 AM PDT by 2nd Amendment
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To: LeoWindhorse
"People will die because of this foolishness"

To a fascist government, that is irrelevant.

17 posted on 08/22/2022 4:47:41 AM PDT by Carl Vehse (A proud member of the LGBFJB community)
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To: Red in Blue PA

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).


18 posted on 08/22/2022 4:48:55 AM PDT by MulberryDraw (Stop trusting in man, who has but a breath in his nostrils. Of what account is he?)
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To: Red in Blue PA

19 posted on 08/22/2022 4:53:53 AM PDT by Travis McGee (EnemiesForeignAndDomestic.com)
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To: Red in Blue PA

Australian insanity, coming to a country near you.


20 posted on 08/22/2022 5:01:33 AM PDT by Thommas (The snout of the camel is already under the tent.)
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