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In the UK we 'technically' have a fuel duty escalator that goes up each year (I say technically because it's been overridden by the chancellor every year for th
by benj111 3y ago
In the UK we 'technically' have a fuel duty escalator that goes up each year (I say technically because it's been overridden by the chancellor every year for the last decade).
Anyway, I think that's a good idea for these situations.
I communicates that prices will be going up in the long term and allows people to cut their cloth accordingly.
I do share your concern though. I think we need to resurrect the idea of the 'peoples car' to get cheap new EVs out there, to make up for a lack of depth in the second hand ev market.