Opinion: When it comes to zero-emissions vehicles, Canada is pushing the wrong policies

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

When it comes to zero-emissions vehicles, Canada is pushing the wrong policies

Brian Kingston is the president and chief executive officer of the Canadian Vehicle Manufacturers’ AssociationFord, General Motors and Stellantis are leading the transformation to electric vehicles in Canada, having announced record investments of nearly $12-billion, creating 6,400 good middle-class jobs.

It begs the question why Canada would pursue an outdated, redundant and ineffective policy like a ZEV mandate when the tools to increase adoption are so obvious and proven by the worlds’ leading ZEV markets. It’s also worth noting that there are existing regulations today in Canada on greenhouse gas emissions that require automakers to increase ZEV sales to be compliant.

Triple purchase incentives to $15,000 per Canadian. The single-largest barrier to ZEV adoption is the higher cost of the vehicles. Without a much higher purchase incentive Canada will not achieve its sales targets, particularly if provinces such as Ontario continue to resist implementing their own provincial incentive.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Very critical of the federal government but hardly a word about the disastrous Ontario policies

There are no zero emission vehicles. Now delete the story.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada to invest $2B on mineral strategy for EV battery supply chainCanada's federal budget will include an investment of at least $2 billion for a strategy to accelerate the production and processing of critical minerals needed for the electric vehicle (EV) battery supply chain, two senior government sources said. How is that 'climate' friendly in any way....? Lmao, surely mined by fossil fuelled machinery 👌 & that will be good for environment, how?
Source: CTVNews - 🏆 1. / 99 Read more »

Canada to invest $2 billion on mineral strategy for EV battery supply chainCanada's federal budget will include an investment of at least C$2 billion ($1.6 billion) for a strategy to accelerate the production and processing of critical minerals needed for the electric vehicle (EV) battery supply chain, two senior government sources said. The stenographers are busy pushing Dear Leaders EV agenda. A quick 'Copy & Paste' narrative story from Reuters allows to ignore that the $2 billion should be spent on health care, & potable water for FN. Keeps Bell Media rolling in Media Fund cash. Canada hands out money to car company. Canada invests in mining minerals for EVs. I wonder what car companies do. Just rack profits and hand out bonuses? Ivanhoe Mines ? Mining ClimateAction
Source: CP24 - 🏆 30. / 67 Read more »