A few weeks back, The Australia Institute (TAI) released a report claiming that Australia was 91% reliant on foreign oil, with road transport consuming more than half (54%) of liquid fuel.
TAI also estimated that “if all passenger vehicles in Australia were pure electric vehicles, 33% of imported oil could be replaced with domestic electricity”:
“Australia has a national security problem when it comes to transport fuels. It’s worrying that Australia is almost entirely reliant on foreign oil for fuel consumption leaving it ill-prepared to deal with international disruptions,” said Richie Merzian, Climate & Energy Director at The Australia Institute.
