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Under the scheme, carmakers will be issued credits or monetary fines based on their CO2 tailpipe emissions targets for new passenger and light-commercial vehicles sold in Australia.
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Great, so the Chinese Companies (and VW) will all be rewarded.
And why is that Australian governments always introduce things that other countries have spent 50 years proving don't actually work.
All this means is that we'll see an increase in companies blatantly lying, and/or flogging bullshit hybrids and PHEVs, that are allowed to effectively cheat the tests and post bogus figures.
In America, you can buy a huge variety of PHEVs that qualify as ZEVs because they can theoretically complete the standard test on battery only. Yet they are routinely sold without the $10k charging-station, or even the $1k power cord.