- The goal is to reduce greenhouse gas emissions to 40 percent below the 1990 levels by the year 2030.
- The program also encourages the development of new car models that will be more fuel-efficient and generate lower emissions.
- There are currently plans to expand the program to allow vehicles to be traded between businesses, and between individuals, in Australia.
Australia is now considering whether it should implement a national electric vehicle policy similar to the U.S. Federal Electric Vehicle Policy. In both countries, electric vehicle (EV) penetration is increasing dramatically. While the U.S. has a tax credit and incentives to drive electric vehicles, Australia offers no such policy.
Like the U.S. Federal Electric Vehicle Policy, Australia’s policy is designed around helping reduce greenhouse gas emissions and their associated costs.
Like the U.S. Federal Electric Vehicle Policy, Australia’s policy also hopes to capitalize on the emerging green economy Australia is beginning to develop.
In both countries, policies have been designed around helping vehicle owners manage their vehicle’s “waste” output while providing incentives for buying electric vehicles (EVs). In both countries, electric vehicles (EVs) are seen as a key ingredient in future green economy strategy.
In Australia, the goal is to reduce greenhouse gas emissions to 40 percent below the 1990 levels by the year 2030. In the U.S., there is an intention to reduce emissions of all types, including electricity, that result from energy consumption.
To do so, a number of different policies and technologies are being developed. Many of these initiatives are aimed at expanding the use of biofuels and at encouraging the development of more efficient ways to produce gasoline and diesel.
Because electric vehicles can better coordinate with the changing value chain, Australia’s policy is designed to align the changing needs of the automotive industry with those of the consumer.
For example, the policy provides rebates for purchases of electric vehicles that require conversion to run on natural gas, as well as incentives for purchases of conventional vehicles that have had their emissions audited and upgraded to meet stricter pollution standards.
The program also encourages the development of new car models that will be more fuel-efficient and generate lower emissions. The automotive industry is expecting the growth in the use of electric vehicles to continue in Australia, especially since the recent increase in the price of petroleum, which has made fuel cost and the cost of emissions much higher for the industry overall.
The policy requires that all eligible vehicles, including all new and used cars and motorcycles, be sold or traded to registered Australian drivers. It also requires that the vehicles be resold and traded within a prescribed period after their original purchase date, with the new owner reporting the sale to the Australian Securities and Investments Commission (ASIC).
There are currently plans to expand the program to allow vehicles to be traded between businesses, and between individuals, in Australia. Currently, the program only allows trading between businesses and between domestic and foreign owners, with the option of trading between the two for existing vehicles.
As required by law, electric vehicles must be certified as electric vehicles before they can be legally driven on roads in Australia. This is because they have been tested and found to perform as well or better than standard vehicles on Australia’s roads when it comes to braking, speed, fuel consumption, emissions, and other driving characteristics.
To undergo certification, an individual will need to pass several tests, including a written test, a technical test, and a driving test, before being issued a certificate by the Australian Department of Transport.
Although electric vehicles may not currently be allowed on most highways in Australia, there are several exemptions that could change over time.
For example, in Victoria, electric vehicles may be used on designated roads during hours when traffic is heavy, on low-speed motorways, and in some approved urban zones.
However, there are no official plans to apply electric vehicles on major thoroughfares in Australia.
It is also important to note that even if there are no formal plans to apply electric vehicles on Australia’s roads at this time, it is still possible for a future government to introduce legislation that would allow for electric vehicles on Australian roads.
Even if such legislation does not become official, there are still a number of steps an individual can take to take advantage of the electric vehicle policy.
As is true with most vehicle policies, electric vehicle owners will need to pay a significant amount of money for their registration. However, if the investment is worthwhile, it is likely that the government will see the long-term benefits of providing tax incentives for electric vehicle owners.
Because the cost of purchasing an electric vehicle is so high, in most cases, the purchase price will more than makeup for the registration fees. Australia’s electric vehicle policy offers an opportunity for individuals to take control of their environment and reduce their dependence on oil.
While there are no immediate plans to apply the policy nationwide, there is a possibility that future legislation could allow for electric vehicles to be more readily available on the road.