No more loans for fossil fuel vehicles at one bank in Australia.
- Thread starter LDB
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Virtue Signaling 101
They can keep their loans
Ya right banks would screw their own mother out of a nickel in the name of profit, you think they are going to walk away from this cash cow .Coming soon to a bank near you?
Bank Will End Loans for New Gas and Diesel Cars, Buyers Will Only Get Loans for Right Decision
A company exec said it was a 'signal to the wider market that ... you should think seriously about an electric vehicle.'www.westernjournal.com
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ibtl
Businesses are free to do as they wish. I too am free to put my money where I wish and can move it at anytime.
As I’ve gotten older, however, I’ve learned that all companies do things I disagree with, and if I had to not spend money on them I would be naked, homeless, and living in a box by the river eating acorns from agreeable trees.
As I’ve gotten older, however, I’ve learned that all companies do things I disagree with, and if I had to not spend money on them I would be naked, homeless, and living in a box by the river eating acorns from agreeable trees.
Nor a real news site. Looks like something Alex Jones created in his basement. Does he still have a basement? Is the earth still flat if he goes to jail?
you are correct about that particular site... however the story is legit...Nor a real news site. Looks like something Alex Jones created in his basement. Does he still have a basement? Is the earth still flat if he goes to jail?
Bank Australia to ditch fossil fuel car loans in push for EV future
Announcement at national electric vehicle summit comes as climate change minister seeks input on national EV strategy
www.theguardian.com
An Australian Bank Will Stop Giving Loans on Internal-Combustion Cars
Bank Australia says that, starting in 2025, it will only offer new-car loans on electric vehicles.
jalopnik.com
Thanks, although I don't even really care. I find it far more troublesome the amount of fake, biased news and how easily duped a lot of people are. All while claiming everyone else is "brainwashed".you are correct about that particular site... however the story is legit...
Bank Australia to ditch fossil fuel car loans in push for EV future
Announcement at national electric vehicle summit comes as climate change minister seeks input on national EV strategyAn Australian Bank Will Stop Giving Loans on Internal-Combustion Cars
Bank Australia says that, starting in 2025, it will only offer new-car loans on electric vehicles.
Banking institutions make virtually all of their money from loans. I'll tell you one thing, if I owned any stock in Bank Australia, I would sell it all right now. IMO they are headed for disaster.
Australia will never go to BEVs like the US eventually will. Anyone who has been there will tell you that outside of the big cities in the east, there is a whole lot of nothing in Australia. It would take several weeks to drive across the country in a BEV (if they had enough charging stations).
Australia will never go to BEVs like the US eventually will. Anyone who has been there will tell you that outside of the big cities in the east, there is a whole lot of nothing in Australia. It would take several weeks to drive across the country in a BEV (if they had enough charging stations).
whatddya mean? Those road trains are perfect for battery power. Might get 50 miles or so, with a 10,000 pound, 900KWh battery pack.
A thread already exists on this. Citing the same source.
Limiting Choices
https://www.cnbc.com/2022/08/22/australian-bank-to-scrap-loans-for-new-diesel-and-gasoline-cars-.html#:~:text=An%20Australian%20bank%20plans%20to,fossil%20fuel%20vehicles%20from%202025. I would hate to see this become a trend around the world and here in the USA. Cars for most of us have...
bobistheoilguy.com
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