The Government considered and rejected banning the import of fossil fuel vehicles from 2035 onward, new documents show, despite the Ministry of Transport supporting the move.
The Ministry of Transport found that banning the import of fossil fuel vehicles by 2035 would have a net $2.26 billion benefit, but the Government decided against it. Instead, we have the feebate scheme.
Now, environmental activists say the Government should have gone ahead with the move, which would have averted 27 million tonnes of CO2 emissions between 2021 and 2050, according to Transport’s own preliminary cost-benefit analysis.
Compulsory horse and buggies would reduce it even more.