<
https://www.theguardian.com/environment/2026/feb/18/carmakers-face-possible-heavy-fines-in-australia-for-failing-to-meet-climate-targets>
"Major auto brands including Mazda, Nissan and Subaru face the possibility of
millions of dollars in penalties after failing to meet climate targets for new
vehicles in Australia.
The first six months of data since the Albanese government introduced a new
vehicle efficiency standard shows 40 companies – 68% of the total – beat their
initial target for the average emissions efficiency of the new cars they sold.
Many of these – including BYD, Toyota, Tesla, Kia, Ford, Volkswagen, BMW and
Polestar – were found to have sold cars that, on average across their company
fleet, released less carbon dioxide per kilometre than required.
But 19 companies missed their targets and could have to buy credits or pay
penalties if they do not substantially improve their performance over the next
two-and-a-half years. Mazda has accrued a potential liability of about $25m,
Nissan of more than $10m and Subaru $7m. Liabilities can accumulate or reduce,
and become due in 2029.
Other companies to have missed their initial target include Hyundai, General
Motors, Honda, Porsche, Ferrari and Jaguar."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
