Trading clunkers for electric bikes: France moves to offer financial incentive

By Reuters Staff  APRIL 12, 2021  5:21 AM 
https://www.reuters.com/article/us-climate-change-france-bicycles/trading-clunkers-for-electric-bikes-france-moves-to-offer-financial-incentive-idUSKBN2BY0PB


PARIS (Reuters) - France is offering the owners of old, exhaust-belching cars 
the opportunity to hand over their vehicles for scrap in return for a 2,500 
euro ($2,975.00) grant to buy an electric bicycle.

Lawmakers in the National Assembly have just approved the measure in a 
preliminary vote. It was an amendment to a draft climate bill passing through 
parliament that aims to reduce greenhouse emissions by 40% in 2030 from 1990 
levels.

If adopted, France will become the first country in the world to offer people 
the chance to trade in an ageing vehicle for an electric or folding bicycle, 
the French Federation of Bicycle Users (FUB) said.

“For the first time it is recognised that the solution is not to make cars 
greener, but simply to reduce their number,” said Olivier Schneider of the FUB.


Reporting by Geert de Clercq; Editing by Richard Lough and Jane Merriman

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