Browse by topic

Filters:

Absurdity of the scrapping incentives and threats

Sketch of some documents (default image for news

The current fashion among Europe’s politicians seems to be providing financial incentives to scrap old cars and replace them with new ones. It is being dressed up as an environmental measure, despite evidence that it can do more harm than good, and in Germany it has led to two absurd developments.

Ministers call for 'scrapping schemes' to be coordinated; T&E wants them scrapped

Sketch of some documents (default image for news

EU economics ministers have asked the Commission to coordinate ‘vehicle scrapping schemes’ – taxpayer-funded payments to people who replace an old car with a new one. The schemes are being touted as environment-friendly, but T&E disputes this.

Pages