Welcome to this week’s episode of “conspiracy theories that are coming true.”
Bank Australia has announced that in 2025 they will no longer issue loans for any vehicle that use a combustion engine. The bank’s chief impact officer said, “with the right supporting policies in place to bring a greater range of more affordable electric vehicles to Australia.”
Even if Aussies wish to buy a hybrid car they aren’t going to get a loan and will need to pay cash. The only caveat is the bank will “continue to offer loans for second-hand fossil fuel vehicles until there is a viable and thriving market for electric vehicles.”
Don’t think this can happen in the USA? It already is…
By 2035, California will be banning the sale of new vehicles that use fossil fuels.
From Politico:
The ban on new gas-powered vehicle sales — first announced by Democratic Gov. Gavin Newsom nearly two years ago — would also require automakers to make sure that 35 percent of all new passenger cars sold by 2026 have no emissions, a threshold that would increase to 68 percent by 2030. About 16 percent of new cars sold in California so far this year have zero emissions, significantly higher than the national average of 6 percent.
The state can’t even keep the lights on during the summer, and they want all Californians to switch to electric vehicles.
The California Independent System Operator, which oversees the operations of the state’s power grid, is begging EV owners to only charge their vehicles during certain times.
“A flex alert is not a power outage,” said Gil Tal, director of the Plug-in Hybrid & Electric Vehicle Research Center of the Institute of Transportation Studies at UC Davis. “It’s a way to prevent outages. We don’t like that we are being told not to use electricity, but it’s a much better situation than sitting in the dark if the grid is collapsing.”
So how does everyone like the Great Reset?