KDRO - whos Buying??, page-43

Australian Greens electric car push: end sale of petrol and diesel vehicles by 2030

The Greens have proposed introducing mandatory fuel efficiency standards, ending the sale of new petrol and diesel cars by 2030, and imposing a four-year 17% tax on luxury petrol and diesel cars as part of an electric vehicle policy announced on Tuesday.

Under the proposal Australia would adopt a mandatory fuel efficiency standard of 105g of CO2 a kilometre by 2022, three years earlier than a proposal being considered by the federal government.

It would also cut tariffs and charges on new electric or zero-emissions vehicles, including the 5% import tariff, GST and stamp duty, in order to lower the purchase price to match new petrol or diesel cars, and offer three years free registration on new zero-emissions vehicles.


The tax breaks, as well as a $151m national fund to build up to 3,000 electric car charging stations, would be funded by a 17% tax on fossil fuel emitting cars with a purchase price of more than $65,000. That tax would be imposed on top of the existing 33% luxury vehicle tax for cars in that price range and is expected to generate $500m a year over a limited four-year run.