Bank Australia will not provide loans for Petrol and Diesel cars to fight climate change

Bank Australia will not provide loans for Petrol and Diesel cars to fight climate change

The Bank of Australia will stop lending money to drivers to buy new petrol or diesel cars from 2025, it has announced. The decision to stop financing the sale of fossil fuel-powered cars is part of the bank’s strategy to achieve a goal of zero emissions by 2035 and comes as the federal government prepares … Read more