When the big, clumsy hand of government intervenes in free markets it invariably increases inefficiencies, adds layers of bureaucracy, and drives up costs.
In the case of Labor’s electric car rollout plan, it also hugely impinges on Australian’s freedom to choose the type and brand of vehicles they’ll be driving themselves and their families around in for years.
A car, after all, is a huge investment for most Australians.
Angus Taylor, Australia’s energy minister, has now thrown cold water on Labor’s electric car brain bubble.
Taylor says Australians shouldn’t be forced to fork out extra for fuel-efficient cars, rather it should be up people to decide whether they take that whim and buy an electric car.
Electric cars are costing you more, under Labor
Under Labor’s plan, a carbon standard attached to cars will mean most cars will cost more, as the popular models will not meet these standards.
Pictures of Treasurer Josh Frydenberg’s face branded on an electric car, with electorate details, came to light online.
Soon after in Brisbane, Mr Taylor said on Monday, ‘Labor has been clear that manufacturers and dealers will need to meet those vehicle emissions standards’.
But unlike Labor, the Coalition government’s electric car plan won’t enforce compulsory emission standards.
Instead, the Morrison government is backing the use of electric cars on consumer demand basis.
Federal Labor Leader Bill Shorten says the government’s answer to its plan is little more than a scare tactic
‘On one hand they say that electric vehicles are a bad idea,’ he said.
‘Now they’re saying that there’s a plan to exempt the rich.
‘This is a Government who wants to deny the car-buying public of Australia choice, competition and lower prices for cars.’
According to a 2016 Centre of International Economics report, cars could cost up to $4,863 more to meet a 105g/km target.
Based on this report, Mr Taylor argued that boosting the price of cars that produce more emissions is the only way to persuade people to buy more eco-friendly cars.
‘The only way they’re going to be able to do that is to raise the price of higher-emitting vehicles in order to encourage people, to force people to buy lower-emitting vehicles.’ He said.
Come 2030, if Labor has its way 50% of all new cars sold in Australia would be electric.
Does choice matter when it comes to electric cars?
According to the Climate Change Authority, increasing the efficiency of cars could cut emissions pollution, saving drivers hundreds of dollars on fuel.
But that does make you wonder whether a few hundred off of fuel is really worth the thousands that you will need to pay for the car you might need.
Aussie families who need bigger cars or tradies that have work utes will have their choice stripped from them under Labor’s plan, according to Mr Morrison.
Mr Shorten denied this was the case.
Ruling out that the government would match Labor’s plan, Mr Morrison has invested in new public charging infrastructure in order to encourage the use of electric cars.
Free Report: Phil Anderson reveals a virtually unknown, monarchy inspired income stream that he believes could financially benefit every tax paying Aussie citizen for the next 100 years.