This may look complicated but my guess is that the government is about to crash the Australian Auto market. So read it carefully and comment away.
These are average Carbon Dioxide, CO₂, g/km emissions for some popular Australian LCVs:
Toyota HiLux: Approximately 200–250 g/km
Ford Ranger: Approximately 190–240 g/km
Isuzu D-MAX: Approximately 190–230 g/km
Mitsubishi Triton: Approximately 180–220 g/km
Our New Vehicle Efficiency Standard (NVES) mandate these max g/km emissions
Year Target CO₂ Emissions (g/km)
2025 210
2026 180
2027 150
2028 122
2029 110
The proposed penalty is $100 per gram of CO₂ per kilometer (g/km) for sales over the fleet target.
So, from July, if you buy a top rated Hilux, the penalty will be (250-210=40)
40 grams over * $100 per gram = $4000.
But don't panic. The importers can offset the excess by purchasing carbon credits from of Chinese Importers selling cheap EV crap.
Note that the penalty will probably not apply to makes that people don't want.
So swap your Prado for an MG Fluffy, or else.
It looks like the used car market is about to boom boom boom again
theres ZERO new cars which interest me