Sports
Green transport
字号+ Author:Smart News Source:Business 2025-01-13 09:47:10 I want to comment(0)
THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030, 30pc of all cars and 50pc of all motorcycles and three-wheelers sold will be electric-powered. Prefaced with a sobering note on the impact of climate change on Pakistan and the threats posed by global warming to the world in general, the policy seeks to curb emissions from fossil fuel-burning vehicles for a cleaner environment. It is encouraging to note that the authorities see NEVs as a multifaceted opportunity: for example, they are not only hoping that replacing fossil fuel vehicles with electric vehicles will help cut down on issues like persistent smog but will also yield benefits in terms of lowering demand for oil imports — a significant portion of our import bill. Similarly, the authorities also hope that having more NEVs on the roads will boost demand for electricity, which will help reduce the burden of idle capacity payments on the national exchequer. The policy has, unsurprisingly, upset the entrenched players in the local vehicle industry, who must be worried that it may dent the sales of automobiles they have been manufacturing with very little innovation for the past many years. In the interests of fairness, the government should extend them reasonable incentives to upgrade their production facilities and technologies so that they may transition to NEV production, but this must not be done at the cost of delaying the implementation of its policy. Pakistan cannot allow itself to be distracted by attempts to let things continue as they are. Powerful lobbies have too often managed to derail even the best-intentioned plans to improve the lives of ordinary Pakistanis, and their concerns must be weighed against the greater good of the people. It is good that the government has woken up to the NEV opportunity, and it must implement its policy soon.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Kohli blasts century as India declare against Australia
2025-01-13 09:07
-
Why do we sleep more during winters?
2025-01-13 08:58
-
Airlines don't always fulfil commitments made with food allergy patients: study
2025-01-13 08:42
-
Pakistan's polio tally hits 65 after another child diagnosed in Balochistan
2025-01-13 07:51
User Reviews
Recommended Reads
Hot Information
- President for collective efforts to eliminate violence against women
- Bird flu builds up danger for breakfast in US
- British lawmakers give initial support to assisted dying bill
- US top court rejects appeal against graphic anti-smoking images
- PTI lawyers offer free legal aid to party workers
- Why do we sleep more during winters?
- Airlines don't always fulfil commitments made with food allergy patients: study
- SC constitutional bench fixes civilians military trial plea for hearing
- 90pc bankers see cybercrimes as biggest threat
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content