Introducing an ambitious fuel-efficiency standard in Australia could save drivers up to $10,000 over the life of their vehicles, reduce the price of electric cars by 2.8 per cent each year, and cut 31 million tonnes of carbon emissions by 2035, according to a new study.
It found the policy could also deliver economic and environmental benefits worth $13.6 billion by 2035, though it would lead to “modest” rises in the price of petrol and diesel vehicles.
The study, prepared by…
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