Bank to Stop Giving Loans to Fossil Fuel Cars
This article was written by Swedish independent journalist Peter Imanuelsen, also known as PeterSweden. You can follow him at PeterSweden.com.
It is happening ladies and gentlemen. We are now at the point where a major bank has announced they will stop giving loans for new petrol and diesel cars under the excuse of climate change.
From 2025, customers of Bank Australia will no longer get funding to buy new cars that run on fossil fuels.
”By ceasing car loans for new fossil fuel vehicles, we are sending a signal to the Australian market about the rapid acceleration in the transition from internal combustion to electric vehicles we expect to see in the next few years” said Sasha Courville,
