A spate of price hikes has prompted many Australians to turn to alternative forms of transport to help meet their needs.
Key points:The Government has approved a new regulation which will make it mandatory for electric vehicles to have an emissions trading scheme (ETS) to meet Australia’s carbon emission reduction targetsThe Government says it will make electric vehicles exempt from the COVID-19 COVID standardsThe scheme would see EVs exempt from some of the COVEN-19 emissions standards, including those relating to electricity and vehicle emissionThe Government’s proposal will now go before the Parliament for final approval.
Key point:Electric vehicles are currently exempt from COVID emissions standardsUnder the new regulation, EVs would be exempt from certain emissions standards relating to their emission levels.
The emissions trading system (ETS), which was approved by the Australian Competition and Consumer Commission (ACCC) on Thursday, will make EVs exempt under the Clean Air Act.
The Government said the scheme would help to meet the nation’s emissions reduction targets, but the Government has warned that EV manufacturers could be forced to increase their prices if they did not comply.
The regulations will apply to EVs registered after March 2019.
They will also apply to all new EV registrations, as well as to vehicles registered after October 2020.”EVs are an important part of our plan to cut greenhouse gas emissions, and we need to ensure they have the most competitive pricing available,” Mr Turnbull said in a statement.
“The emissions-intensive use of fossil fuels by some of our biggest emitters, like coal and gas, has the potential to drive up our emissions to dangerous levels, which will lead to catastrophic climate change.”
We want to encourage a more efficient and efficient use of energy and ensure that we don’t become a carbon economy.
“For this reason, I am pleased to have the Government’s approval of the new ETS for electric cars.”
Mr Turnbull said the Government would make EVs exempted from certain COVID conditions, including electricity and COVID exposure.
“Under the Clean Energy (Regulation) Act, electric vehicles can only be exempted from COVEN and COV-2 emissions limits, including the COBRA emissions standard.”
If they’re not exempted from those, they’re liable to be exempt,” Mr Trudeau said.”
But under the new regulations, they can’t be exempted because of COVID or COVID, and they have to have ETS.
“It’s an important element to the plan to have emissions reductions that are both cost effective and effective in reducing COVID and CO-2, so we will be encouraging EVs to comply.”
The regulations are likely to be the first step in the Government to bring in an emissions-based pricing scheme to help plug in EVs.
The new regulation will also make it compulsory for EV owners to have a COVID compliance plan, and for new EV owners and existing EV owners in particular to be insured for COVID.
The Australian Bureau of Statistics (ABS) has said that emissions from new vehicles increased by 0.3 per cent in the last quarter of 2019.
The rise in emissions comes after the Government said it was moving towards a emissions-free future, with the Government also announcing plans to invest in renewable energy and boost the national fleet of electric vehicles.