New vehicle emission standards will bring about $8 billion (US$5.11 billion) in health benefits for Australia in the coming decades, a parliamentary committee has been told.
During a recent inquiry hearing into the transition to electric vehicles (EV), representatives from the Department of Climate Change and Energy said since the New Vehicle Efficiency Standard (NVES) became law in May 2025, the government had achieved a range of milestones concerning the decarbonisation of the transport sector.