Friday, September 27, 2013

Produce Our Own National LCGC


President Susilo Bambang Yudhoyono signed the government regulation on low-cost green cars (LCGC). The policy aims to reduce carbon emissions by decreasing fossil fuel consumption. This low cost emanates from the elimination of luxury-goods sales tax. And the types of green cars are electrical cars, hybrids, biofuel-based cars and compressed natural gas (CNG) cars. Can this policy expect any results? The answer is absolutely no. This policy is not only unable to reduce carbon emission, but will discourage our national automotive industry as well.