The transition to electric vehicles is a critical pathway to the decarbonisation of the Australia economy
– with transport producing 88 million tonnes of emissions in Australia each year, representing 17 per cent of national greenhouse gas emissions.
Cars and light commercial vehicles together represent more than half of these emissions, which are projected to increase as the population and economy also grow. Along with decarbonising the electricity sector, electrifying Australia’s light vehicle fleet is an important step in meeting Australia’s emissions reduction targets.
The CEFC is working across the economy to accelerate investment in measures to reduce transport-related emissions, including mode switching from road to rail, the electrification of urban transport, charging infrastructure and finance for fleet and residential electric vehicles. Through the Clean Energy Innovation Fund, we are also financing start-up companies targeting the transport emissions.
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Electric vehicles and clean energy
Australians have traditionally been early adopters of new technology, but we are lagging when it comes to EVs. Our research shows that we can increase the uptake of EVs in a way that benefits drivers as well as the environment. It’s about lowering prices, bringing more models to market and creating a charging network.Read more
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Biofuels and Transport: An Australian opportunity
Building a robust domestic biofuels industry has the potential to accelerate the decarbonisation of the transport sector. The CEFC and ARENA together commissioned this analysis to help the industry, investors and policy makers anticipate the potential pathway to a biofuels-rich transport sector.Read more
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Clean energy and greener infrastructure
How can clean energy technologies deliver lower emissions and improved energy efficiency for Australia’s freight and logistics infrastructure?Read more
Moving freight from the road to rail
Read moreBeing able to deliver a faster and more reliable supply chain that creates savings for our customers, as well as remove thousands of truck trips from our roads at the same time as delivering very significant environmental benefits is a great trifecta.Maurice JamesQube
Technology transforms vans and trucks into electric vehicles
Read moreAustralia has the potential to become a global leader in the rapidly emerging electric vehicle industry, and this finance will help SEA Electric be part of that revolution.Tony FairweatherSEA
New hybrid bus fleet helps drive change
Read moreWe live here and our drivers live here. So this is our small contribution and we'd like to see that contribution increase.Anna TybenGeneral manager, LVBL