Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Australian bank will end loans for new gas and diesel cars in shift to electric vehicles
Fox Business ^ | August 21, 2022 8:59pm EDT | Paul Best

Posted on 08/21/2022 11:04:42 PM PDT by conservative98

An Australian bank announced this week that it will stop funding loans for new gas and diesel cars in 2025 to encourage the shift to electric vehicles.

"We think that the responsible thing for us to do next, is to ensure that our vehicle lending doesn’t lock our customers in to higher carbon emissions and increasingly expensive running costs in the years ahead," Bank Australia Chief Impact Officer Sasha Courville said in a statement on Friday.

"Ultimately, our announcement today is the beginning of a conversation with our customers and a signal to the wider market that if you’re considering buying a new car, you should think seriously about an electric vehicle – both for its impact on the climate and for its lifetime cost savings."

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Australia/New Zealand; Business/Economy
KEYWORDS: australia; automotive; bankaustralia; banking; banks; electric; electriccars; electricvehicles; evs; fascism; fraud; globalwarming; loans; marxism; marxists
Navigation: use the links below to view more comments.
first previous 1-2021-4041-48 next last
To: Maris Crane

What do you expect from a former prison colony?
you’ve had inmates running the asylum for a lonnnng time over there


21 posted on 08/22/2022 12:43:42 AM PDT by SPDSHDW (Buy JHP ammo, Level 3/4 armor and rifles. Won’t be able to for much longer, and we’re gonna need em)
[ Post Reply | Private Reply | To 4 | View Replies]

To: conservative98
Ultimately, our announcement today is the beginning of a conversation

Leftists love to talk about starting conversations. They define conversation as "I will tell you what you do and you will listen and comply".

22 posted on 08/22/2022 12:45:01 AM PDT by pepsi_junkie (Often wrong, but never in doubt!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mark17

Never heard of them. Probably trying to eek out a little niche for themselves amongst the useful idiots


23 posted on 08/22/2022 12:58:04 AM PDT by melsec (There's a track, winding back, to an old forgotten shack along the road to Gundagai..)
[ Post Reply | Private Reply | To 7 | View Replies]

To: conservative98

It isn’t a ‘conversation’ when you’ve already made the decision to meddle with their lifestyle choices.


24 posted on 08/22/2022 1:38:14 AM PDT by Gaffer (Infidel, and proud of it!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Salamander

25 posted on 08/22/2022 1:58:10 AM PDT by bagster ("Even bad men love their mamas".)
[ Post Reply | Private Reply | To 5 | View Replies]

To: conservative98

It’s hard to know where to start with this nonsense.

Electric cars must be recharged. Australia is one of the WORST candidates to impose such fascism upon its people and their transportation because of the vast distances between populated areas.

It won’t be very long before lunatics like this will be chased down and locked up for their attempt to impose a completely unworkable and absurd lie upon the Australian people.

As Neil Oliver’s wife said, “This is not about ‘GOING GREEN.’ It is about GOING WITHOUT.”

You will stay home. Be poor. Do only what you are told to do. Your life will be miserable and your personal dreams and objectives will have no more meaning than they had for legions of hopeless people during the Dark Ages after the fall of the Roman Empire.


26 posted on 08/22/2022 2:02:20 AM PDT by Gnome1949
[ Post Reply | Private Reply | To 1 | View Replies]

To: bagster

Still love that movie.


27 posted on 08/22/2022 2:03:31 AM PDT by Salamander (Please visit my profile page help save my beloved dog's life. https://www.givesendgo.com/G2FUF)
[ Post Reply | Private Reply | To 25 | View Replies]

To: conservative98

These are the plans of godless people who believe the Earth is a false idol to be worshipped and was not created by Almighty God to be under the control, use and domain of the people He created to inhabit it.

These godless people who demand this control will never THEMSELVES live the miserable existence they desire for others to have. These elites will always have what THEY want until the angry hordes rise up and destroy these wicked tyrants and reclaim the world as their gift from God and their domain under God’s stated plan.


28 posted on 08/22/2022 2:12:53 AM PDT by Gnome1949
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gnome1949
You will stay home. Be poor. Do only what you are told to do. Your life will be miserable and your personal dreams and objectives will have no more meaning than they had for legions of hopeless people during the Dark Ages after the fall of the Roman Empire.

Yep. Freedom and the right to self-determine have to be fought for.

29 posted on 08/22/2022 2:30:24 AM PDT by neverevergiveup
[ Post Reply | Private Reply | To 26 | View Replies]

To: Gnome1949

That’s a great way to put it, and exactly what I’ve warned about; as our jobs were sent to Asia, it was inevitable that those workers would want the standard of living of Western workers - and the only way to deny them would be to reduce our standard of living. They won’t provide private automobiles, detached single-family homes, etc. to all of those workers, so they have to take them from us (and that is already underway).


30 posted on 08/22/2022 2:34:10 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
[ Post Reply | Private Reply | To 26 | View Replies]

To: conservative98

May Australia’s (and Canada’s, for that matter) chains rest lightly.


31 posted on 08/22/2022 2:34:44 AM PDT by The Duke (Search for 'Sydney Ducks' and understand what is needed.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: conservative98

This is ESG. The Great Reset has begun. Less than a year before it’s starts here.


32 posted on 08/22/2022 2:39:44 AM PDT by raybbr (The left is a poison on society. There is no antidote. Running its course will be painful. You )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Maris Crane

Australia is “free” in the sense that Canada is; they are subjects of a foreign monarch who presides over a socialist (by definition UNfree) empire.


33 posted on 08/22/2022 2:50:29 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Maris Crane

Clive James once quipped
“The problem with Aussies is not that so many are descended from convicts – it’s that so many are descended from prison officers.”


34 posted on 08/22/2022 2:52:32 AM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: mad_as_he$$
Let’s see how long that will last.

It's here to stay.

This is how they're going to force everyone to buy electric cars.

Can you say Environmental, Social, and Corporate Governance Score?

Score too low and investment films like Blackrock and Vanguard won't touch you. This is how they force corporations to embrace positions that aren't political popular (they'll be coming for guns as well).

They're going to force electric vehicles on us kicking and screaming, whether we want them or not. If you want to own a private car, and not be forced to take a bus full of feral to work every morning, this is how they're going to make you buy electric.

This stuff isn't going away. It's only going to spread.

35 posted on 08/22/2022 3:03:20 AM PDT by Drew68 (Ron DeSantis for President 2024)
[ Post Reply | Private Reply | To 9 | View Replies]

To: conservative98

Good luck with that model.

The other banks will pick up the slack and they will lose tons of money.

I wonder how long this virtue signal will last?


36 posted on 08/22/2022 3:12:31 AM PDT by stratboy
[ Post Reply | Private Reply | To 1 | View Replies]

To: conservative98

It’s customer owned, right?

And looks like their call center is experiencing difficulties.

Note to owner/customers: Smooth move.


37 posted on 08/22/2022 3:20:26 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: conservative98
Of the many places I've visited there are two that seem to be good spots for solar panels...the UAE (Arabian Peninsula) and Australia. OTOH,in Australia if you go more than 50 miles from the ocean you're in the middle of nowhere. Having your EV run out of juice there could put you in a difficult spot.
38 posted on 08/22/2022 3:20:30 AM PDT by Gay State Conservative (Covid Is All About Mail In Ballots)
[ Post Reply | Private Reply | To 1 | View Replies]

To: conservative98

Because the government has been so successful in picking out the winning industries in the past. The u.s. has chosen electric vehicles and taking the money from workers to bet on it. Screw the invisible hand, /s


39 posted on 08/22/2022 3:43:22 AM PDT by freespirit2012
[ Post Reply | Private Reply | To 1 | View Replies]

To: Drew68; All

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.


40 posted on 08/22/2022 4:03:28 AM PDT by Red in Blue PA (You can vote your way into socialism, but you have to shoot your way out.)
[ Post Reply | Private Reply | To 35 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-48 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson