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Joseph Capurso and John Oh have neatly summarised the challenges involved in transitioning Australia from internal combustion engine cars to electric vehicles:
Decarbonising transport is an important pathway to decarbonising the Australian economy.
Transport’s share of national greenhouse gas emissions was 21% year to June 2023. Road transport accounts for 85% of Australia’s transport emissions.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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