Federal government unveils New Vehicle Efficiency Standard
On Sunday the federal government released the New Vehicle Efficiency Standard (NVES), a proposal that would introduce limits on vehicle emissions averaged across automotive manufacturers’ fleets, beginning on January 1, 2025, but stepping up targets to eventually bring Australia into line with standards in the United States by 2028.
The proposal distils 2700 submissions from the public, lobby groups and organisations. “This is required because almost every advanced economy has implemented a New