One bank in Australia is grabbing the attention of news outlets for our peculiar reason: they will stop offering car loans for new internal combustion engine (ICE) vehicles starting 2025.A carbon neutral bank since 2011 (meaning they compensate for any emissions generated), Bank Australia is looking to go further and reach net zero carbon emissions by 2035 (this requires zero carbon emissions from the get-go).Since passenger vehicles contribute 43 percent to Australia's total transport-related emissions, to get to net zero, Bank Australia needs to do something drastic.

https://www.carguide.ph/2022/08/an-australian-bank-decided-to-stop.html

#carguide