German Finance Minister thinks the country should avoid imposition of diesel car bans

German Finance Minister thinks the country should avoid imposition of diesel car bans

According to a Reuters report, Germany’s new Finance Minister Olaf Scholz said in a recent interview with the Funke Mediengruppe newspaper chain that all possible measures should be taken by the country to avoid the imposition of ban on diesel cars.

The comment by Scholz, who is a Social Democrat, underlines the argument that a ban on diesel cars in Germany will have a dangerous impact on the auto industry in the country. A similar opinion has already been expressed by German Chancellor Angela Merkel as well as the country’s new Transport Minister Andreas Scheuer. Incidentally, these three politicians belong to different political factions.

Scholz has reportedly elaborated on his opinion by saying that internal combustion engine (ICE) vehicles can be taken off the road more effectively by seeking investments for giving a boost to the plug-in electric vehicle charging infrastructure, rather than by imposing a ban on diesel cars.

The Reuters report has also revealed that Scholz has expressed doubts that automakers can be prompted to accelerate the introduction of cleaner cars simply by making changes in taxation, such as eliminating tax breaks for diesel as a fuel.

As per the author of the report, Scholz also “rejected calls for the government to offer financial incentives to get more clean-burning diesel cars on the road and bring down emissions in heavily polluted cities.”

Market experts supporting electric vehicles believe that 10 years is enough of time for automobile companies to adapt to new technologies and offer green vehicles instead of vehicles with ICE. As per reports, automobile companies plan to collectively launch more than 100 electric car variants by year 2025. Consumers will have lot of options in electric vehicle segment and with development of technology, the cost of ownership will reduce in coming years.