Lachie Fox (@Lach_fox) profile picture
Melbourne, Victoria
Joined January 2021
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$38b is a lot of money. About 1 million vehicles are sold each year in Aus; $38b over 5 million assumes that the average price of a car would go up by $7-8k, or ~20-25%. (the av new car is $40-50k).
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We finally have a new vehicle fuel efficiency standard! It's better than expected - targets are on a trajectory to 0 by 2035, needed for net zero. But there's some confusion that it will make vehicles heavier. This is unlikely, and worth clearing up. A long-ish thread:
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The confusion stems from the fact that while FESs have a 'headline' emissions target per year which applies to the entire fleet, each manufacturer gets a different target. In Aus case, weight is the variable used to work out individual manufacturer targets.
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A pretty concerning chart from a Conversation piece by myself and @PeterBreadontoday. Yes, bulk-billing rates have fallen across Australia: but the much bigger worry is that the system is bulk billing the wrong people to begin with.
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Australians living in lower-income electorates are less likely to be bulk billed than all but the wealthiest Australians, despite often needing more care. We should be worrying about these areas a lot more than small changes to the headline bulk-billing rate.
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Today the federal gov released their long await electric vehicle strategy, the heart of which is a fuel efficiency standard. A thread - two good things, two for more work - on the proposal. dcceew.gov.au/sites/default/…
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Good thing 1: Implementing a fuel efficiency standard for cars is long overdue, and will reduce emissions + save money. In 2021 we published a report showing that standards could reduce emissions by 20-30Mt by 2030 + save consumers $1,000 in five years (shorturl.at/doEF6).
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Great to see that Medicare reform is heading off in the right direction - new piece from us via @ConversationEDU theconversation.com/medicare…
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A new piece with @MarionTerrill on why net zero looks great for drivers, and how we should get there - johnmenadue.com/why-the-road…
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The average new car sold in Aus emits about 180 grams of CO2 per kilometre. To pull this down, the federal gov should implement an emissions standard, or ceiling to encourage manufacturers to sell lower emitting vehicles. (2/6)
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Morrison holding a press conference on release of IPCC report - essentially blaming emissions on developing countries and China. Quote: "taxes [on emissions] don't solve the problem in India... Indonesia."
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Hate to point out the obvious but his responsibility is primarily to reduce emissions here... for which a tax would well work.
The commuter carpark rorts show us the worst of politics, for a whole host of reasons. But the outcome of rushing infrastructure projects is sadly predictable. Oped with @MarionTerrill today. smh.com.au/national/taxpayer…
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Letting big business pick out infrastructure projects is a bad idea - and govs shouldn't be letting it happen. Our latest piece this morning. grattan.edu.au/news/taxpayer… via @grattaninst
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Megabang for megabucks: driving a harder bargain on megaprojects - Grattan Institute grattan.edu.au/report/megaba… via @grattaninst 1/6
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Australia pays more than the OECD average for infrastructure, but we don't benchmark our costs. We also enforce local content requirements, which push up prices. 2/6
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A "$3b infrastructure spend in Vic!" - which has around $400m in forward estimates. The text is not wrong when it says funding to be decided "at a later date"...
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