Coming To America: Bank To Bar Funding For Gas Vehicles

ESG-Guided Bank Wants To Crack Down On Carbon-Emitting Vehicles

  • Bank of Australia said it won’t provide loans for gas or diesel cars starting in 2025.
  • The bank said it will only provide loans for electric vehicles or used gas and diesel cars.
  • It’s just the latest examples of corporate and government officials trying to engineer a societal shift to EVs, which the vast majority of consumers have rejected.