Thursday 16 April 2009

Green Car Scheme

So it wont be long now until we hear all about the new incentive to upgrade our vehicle to a more efficient new model. The government has announced plans (in the wake of pressure from the public and press) to follow in the footsteps of the French and Germans and introduce a trade in scheme for cars over a certain age.

Obviously the biggest reason for the government bowing to the pressure is the economic reasons. Although they have to pay the trade in grant, the injection of cash into the economy from the boost in car sales via taxes will almost make up the difference I would hazard to guess. Road tax, sales tax and other related income will see that initial cost buffeted.

So the question remains- why on earth have we got to push for these kind of sales incentives / green schemes? We lag behind when it comes to thinking out of the box, and the latest government scandel shows that they are spending more time composing false emails than putting effort into innovative projects to help the country.

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