<
https://reneweconomy.com.au/australia-should-go-hard-on-evs-exempt-them-from-gst-and-save-40-billion-a-year-in-fuel-imports/>
"There are lots of sound reasons for Australia to go hard on EVs, much harder
than it currently does. But the number one reason that should appeal to
Treasury is we get the equivalent of a new export industry.
Replacing oil imports is pretty much the same as increasing exports. Why go
through all the pain of having new LNG facilities and new coal mines when we
can just kill oil imports and get a lot of votes in the process?
Of the three main policy reviews this year – (i) safeguards, (ii) EV FBT
concession and (iii) EV strategy – it’s the third that provides the biggest
opportunity to improve Australia, to win votes, to increase the average
Australian’s wealth via a stronger $, to decarbonise a significant sector, to
reduce strategic risk and to increase public health.
In this note we cover what policy works and the sequencing that Australia’s EV
strategy review of the 2023 policy should implement.
It requires going much harder on charging infrastructure, and building future
proof infrastructure, ie over powering, then providing consumer incentives,
like the FBT but available to all, to close the price gap.
Home batteries showed how this can take off. State driven cheap incentive like
bus lanes and rego can further drive consumer demand but provide sunset
clauses. As consumer demand grows force a supply response via a mandate.
In Asia, countries have seen it as in their national interest to promote EV
manufacturing as a way to grow a new industry at the expense of traditional
manufacturers like Japan. China, Vietnam and via partnerships Thailand have
gone this way."
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
