Time to introduce a cash-for-clunkers policy

[superadmin]

As Malaysia aims to accelerate its decarbonisation efforts through tax waivers on electric vehicles, it is crucial to address a submerged issue hindering the energy transition.

Ageing, carbon-emitting vehicles that exceed their original design parameters continue to put the brakes on the country’s efforts towards “zero carbon” emissions.

It is essential for the government to introduce a limited-by-time fund to subsidise a cash-for-clunkers policy that incentivises the removal of these carbon dinosaurs from the road, thus improving air quality and promoting the transition to cleaner modes of transport.

The presence of old cars and trucks belching out black clouds of exhaust undermines the progress made by Malaysia in its decarbonisation journey.

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