Impact Report August, 2016 | Page 22

PROGRAM: VEHICLE EMISSIONS STANDARDS In 2010, ClimateWorks research identified passenger and light commercial vehicles as the most financially attractive opportunity across the economy for reducing emissions. Fast forward to February 2014, when ClimateWorks launched the Improving Australia’s Light Vehicle Emissions Standards Briefing Paper. It found that within 10 years, Australia could save up to $7.9 billion per year across the economy through reduced fuel use, delivering emissions reductions equivalent to taking 2.2 million cars off the road in 2024 and boosting Australia’s fuel security. This research has underpinned extensive stakeholder consultation, including briefing Environment Minister Greg Hunt, Industry Minister Ian McFarlane, and senior advisors in September 2015, to discuss emissions standards policy options. “ Our research revealed that switching to electric vehicles could reduce emissions from Australia’s cars by up to 40% in 2050.” SCOTT FERRARO HEAD OF IMPLEMENTATION - CLIMATEWORKS 22 DEC 2016 NOV OCT SEP AUG JUL