Australia is underestimating the benefits of electric vehicles – and of faster uptake

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Australia’s federal government recently committed to legislating New Vehicle Efficiency Standards, or NVES. Many consider this a key milestone in the transition to electric vehicles – as it’s a policy that has successfully catalysed electric vehicle (EV) markets in many other countries.

To decide what targets will sit behind the NVES, the government conducted a cost-benefit analysis of several policy options that lead to different rates of EV uptake.

The…

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