- May 1, 2005
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Conspiracy Not!?
Bank confirms it will stop offering loans for fossil fuel cars
Bank Australia confirmed the news late last week. It aims to achieve net zero internally by 2035, explaining that it believes a 2050 net zero target is “too late”.
The bank terms fossil fuel vehicles as all pure internal combustion engine models and hybrid models. It’s unclear whether plug-in hybrids are applicable...
“We need to act urgently. That’s why we have the most ambitious net zero target of any Australian bank. And to reach that 2035 target, we have to pull every lever available. Assisting the transition to electric vehicles is a strategic one to focus on right now."
autotalk.co.nz
How long before we see this creep into the United States?
Bank confirms it will stop offering loans for fossil fuel cars
Bank Australia confirmed the news late last week. It aims to achieve net zero internally by 2035, explaining that it believes a 2050 net zero target is “too late”.
The bank terms fossil fuel vehicles as all pure internal combustion engine models and hybrid models. It’s unclear whether plug-in hybrids are applicable...
“We need to act urgently. That’s why we have the most ambitious net zero target of any Australian bank. And to reach that 2035 target, we have to pull every lever available. Assisting the transition to electric vehicles is a strategic one to focus on right now."
Bank confirms it will stop offering loans for fossil fuel cars
An Australian bank has announced unprecedented changes that will see it phasing out loans on new cars by 2025, in
autotalk.co.nz
How long before we see this creep into the United States?
