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.
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