If you need an incentive there isn’t a compelling reason to buy it

As we pointed out here, electric cars are not the planet saver that numpties like James Shaw think they are.

Yet yesterday there he was promising incentives so wealthy people can drive around in a cloud of smug, paid for by other people’s taxes: Quote:

The Government will soon offer incentives to New Zealanders looking to purchase electric vehicles, to move people away from traditional cars that burn fossil fuels.

“What we’re trying to do is get a package that incentivises your middle class people to be able to do that, but also ensures that low income families aren’t left behind,” Climate Change Minister James Shaw told The AM Show.

New Zealand now has around 10,000?electric vehicles, compared to just 250 five years ago, so there is an “exponential growth rate,” Mr Shaw says. But that’s only a quarter of one percent (0.25 percent) of the total vehicles on the roads.??End quote.

You have to wonder why something with an exponential growth rate needs incentives – or subsidies in other words.?Quote:

Prime Minister Jacinda Ardern will be the keynote speaker at United Nations Climate Week in New York this week where she will promote New Zealand’s initiatives around curbing climate change. Mr Shaw said she will discuss how “countries dragging the chain need to get their act together.”?End quote.

Those countries will tell Jacinda to mind her own beeswax. If she wants to wreck her economy to solve a problem that doesn’t exist, that’s just fine by them, but they aren’t going to do it in their country.?Quote:

The main issue the Government faces, he said, is that New Zealanders are used to buying cheap second-hand vehicles from Japan, so the Government has so make sure the incentives are good enough to attract low-income households.??End quote.

Large in other words. If something needs an incentive then there are no compelling reasons to buy it. These fools fail basic economics badly.?Quote:

New Zealand is one of?only a handful of developed countries?without vehicle emission standards, and the Productivity Commission has pointed to the risk of New Zealand becoming a dumping ground for heavy, polluting vehicles that other countries won’t buy.

Ms Shaw told Newshub earlier this month that one idea the Government is looking at is introducing a ‘feebate’ scheme, in which high emission vehicles would incur a fee, while lower emission vehicles would receive a rebate.

In the US, electric vehicle owners get up to $11,000, and it’s around the same for those in the UK. In Spain, owners get up to $13,000, while Hungarian electric vehicle owners are eligible for 21 percent of the vehicle’s purchase price. End quote.

The government isn’t made of money. Jacinda Ardern claims to want to lift children out of poverty, but it seems she’d rather keep them there and have the middle classes subsidised to drive around in clouds of smug.

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