Finance Minister Proposes Junking Old Cars And Going Green In Israel

June 10, 2009

Israel (ChattahBox) – Israeli Finance Minister Yuval Steinitz proposed a new system this week that would encourage Israeli’s to junk those cars that are bad on gas, and switch to hybrid models.

He is calling it the ‘green tax revolution’, and it would offer a rebate to all those willing to get rid of their high-consuming cars, and purchase models that are better for the environment, and rely less on oil.

The move is a surprising one, given the current conflicts facing the country, but according to a report by Reuters, it may be as much about the economy as it is about the environment.

Last year alone, two percent of the countries overall state earnings went to battling growing car pollution, which is becoming more and more of a concern as carbon emissions rise.

This financial element to the problem may assist Steinitz in passing this new law, which would be imposed over the next decade, in parliament. A decision is hopefully going to be made on the matter within the next few weeks, though what regulations may be placed are yet to be seen.


Comments

13 Responses to “Finance Minister Proposes Junking Old Cars And Going Green In Israel”

  1. Old Man Dotes on June 10th, 2009 2:19 pm

    It’s “Israelis” rather than “Israeli’s” if you mean more than one Israeli. Of course, if you mean “A thing that belongs to an Israeli,” then the apostrophe is correct. But the context indicates that is not what you meant.

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