EV subsidy would tax the poor to give to the rich

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...

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