New Zealand families will be encouraged to scrap their old vehicles in exchange for low-emission alternatives under the government’s Emissions Reduction Plan, with more details to be revealed when the 2022 budget is released.
“This is a landmark day in our transition to a low emissions future,” Prime Minister Jacinda Ardern said. “This is a challenge I know New Zealand can succeed in. Our plan is achievable because it includes a role for government as well as for every community and sector of the economy.”
One goal under the plan is to have electric vehicles make up 30 percent of the light fleet by 2035, a scheme that will cost around $569 million (US$360 million) under the Climate Emergency Response Fund (CERF).
…