Australia unveils crediting mechanism to slash new vehicle emissions

Published 00:03 on February 5, 2024  /  Last updated at 00:03 on February 5, 2024  / /  Asia Pacific, Australia

The Australian government has released a New Vehicle Efficiency Standard (NVES) that will include a crediting mechanism for automakers, in a bid to cut carbon emissions from the transport sector by 369 MtCO2e by 2050.  
The Australian government has released a New Vehicle Efficiency Standard (NVES) that will include a crediting mechanism for automakers, in a bid to cut carbon emissions from the transport sector by 369 MtCO2e by 2050.  


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