The analysis assumes no behavioural change among consumers and car makers under Labor’s emissions standard change, with the cost of complying with the regulations in 2025 starting at $2.21 billion.
That figure would rise to $4.99 billion in 2026 and $12.1 billion by 2029.
The total through to the end of the decade would be $38.1 billion, according to the FCAI.
Those estimates do not take account of potential “credits” that some car makers would generate for selling a fleet of…
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