Finally, scrapping policy is born

Finally, scrapping policy is born

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OK, it is born a bit premature. The accident that is the global depression forced the Government to deliver it less than fully formed but at least we can now entertain the prospect of ridding our roads of dangerous, polluting and wasteful jalopies and join the ranks of environmentally responsible developed nations.

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Since it is a rather less than a fully formed policy, the Government is taking the path of least resistance and minimal complication by allowing only Proton and Perodua to enjoy the benefits of scrapping rebate.

But I am quite sure that Naza, which is also a certified national car maker,  will soon climb onto the bandwagon.

According to an industry insider, the MAA had proposed the implementation of the scrapping policy in the past but their proposal allowed all brands to enjoy the rebates.

“At that time maybe there was no real political will to implement scrapping but now there is a need to stimulate the industry, we are finally seeing the policy implemented, but in a different form,” said the insider.

This scrapping policy will help the country modernise the cars that are clogging our roads and with new and more modern engines and technology, Malaysia will likely see a noticeable reduction in national fuel consumption.

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SF Schmidt automotive research says that the Government should encourage new and more efficient fuel consumption technology to enter the market and use the scrapping policy as the carrot.

“They can emulate the Japanese practice of requiring car companies to charge a cost for recycling onto the price of every new car sold and the amount is dependent on the car’s recyclability and ease of recyclability,” says their senior researcher Faiz Al Shahab.

“This way we can encourage domestic and foreign carmakers to sell only environmentally sound vehicles to our market.

“We are in the cusp of becoming a developed nation, it is time that the country adopts the outlook and practices of developed nations and start looking at ways we can be more responsible to the environment.

“Numerous studies have shown that being environmentally sound will not only help us preserve the planet for the future but it is also economically beneficial. After all efficiency is the greatest hallmark of envvironmental friednliness.

“Being green means being more profitable, in many cases,” says Faiz.

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