Environment

EV subsidy would tax the poor to give to the rich

Jenny Ruth
Wed, 17 Mar 2021

Jenny Ruth
Wed, 17 Mar 2021
The Climate Change Commission's recommendations on electric vehicles would tax the poor to subsidise the rich and are unnecessary in any case, according to a submission on that policy advice.Former Reserve Bank official Ian Harrison (pictured below) said the EV revolution will happen anyway, without subsidies, although it may take a few years longer to arrive in New Zealand.  The commission estimated transport accounted for more than 36% of NZ's long-lived greenhouse gas emissions and said the government would need to "provide...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets Wake Up Call
Wake Up Call: No cheques, mate
Staff reporters | Fri, 25 Jun 2021

Westpac is going cheque free from today, the latest in a line of banks to do away with the old-school payment type.

Opinion FREE
Failure to enforce face masks a ticking time bomb
Jacques Steenkamp | Fri, 25 Jun 2021

While the risk of another lockdown is growing, dozens of people are continuing to ignore the mandatory requirement to wear face masks on public transport.

Opinion
How much more juice can IRD squeeze?
Paul McBeth | Fri, 25 Jun 2021

Is the tax department still fighting the battles of yesteryear with its Frucor case?

Sponsored
Will your bach or business be underwater in 100 years?

As climate change brings rising sea levels and accelerated coastal erosion, tens of thousands of coastal homes and baches in New Zealand could be left at risk and uninsurable.

Partner Content
Business events are increasingly important for corporates

Working from home is great, but there's real value in face-to-face connections.