BUDGET BLACK HOLE: THE $7.4M FUEL EFFICIENCY STANDARD SHOULD HAVE BEEN FREE

EV Channels Review

John Cadogan critically analyzes the Australian government's recent announcement of a $7.4 million investment over four years to develop fuel efficiency standards for light vehicles. Cadogan argues this is a colossal waste of taxpayer money, as developed nations like the US have had similar regulations (CAFE standards) in place for decades. He highlights that Australia is essentially reinventing the wheel, citing the US's 1978 implementation and continuous tightening of standards, which have significantly improved average fuel economy. The review points out that Australia's lack of such standards has made it a dumping ground for less efficient vehicles, while countries with regulations incentivize manufacturers to send more fuel-efficient and electric vehicles. Cadogan suggests a simple 'copy and paste' approach from existing US regulations, estimating it could be done for a fraction of the cost and much faster, criticizing the government's inefficiency and lack of foresight.