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 percent 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.
