Analysts say Australian motorists are missing out on cheaper electric vehicles due to government inaction on climate change, with new data revealing local models are far too expensive to compete with petrol cars. As Australia falls further behind other nations on EV adoption, research published by Compare the Market on Friday gave us a clue about why. The report found it would take 16 years of driving for an EV in Australia to become cost
Ampol is not waiting for the federal government to implement policies to encourage the transition to electric vehicles (EV) as it seeks to use the increased bulk and expertise from its proposed $1.9 billion acquisition of Kiwi petrol retailer Z Energy to accelerate the shift. New Zealand and many other countries have strong incentives to encourage a faster uptake of electric vehicles but the federal government has been slow to follow suit and during the
Ampol CEO Matt Halliday says the company will continue to play a “very significant role” in the future of energy for transport. Mr Halliday said that while the current business of oil, fuel and gas is “critically important in a whole host of ways” the company will start to focus on future solutions of hydrogen and electricity. “We’re not an extractor of oil as a company, we’re very much a distributor of energy,” Mr Halliday
What is E10 petrol? It’s a motor fuel that contains less carbon and more ethanol than fuels currently on sale. Ethanol is a kind of alcohol manufactured from plants, including sugar beet and wheat. It is possible to run cars on pure ethanol, as has been done in Brazil for many years. But in the UK and other European countries, it is normally blended with fuel derived from oil. Current petrol grades in the UK
Production of leaded petrol has ended worldwide now that the last refinery has exhausted its supply of the fuel that has poisoned the air for almost a century. The end of the toxic fuel follows intense diplomatic efforts by the US and the United Nations over the past two decades, the UN Environment Program said. The global ban will prevent about 1 million premature deaths annually from heart disease, strokes and cancer, as well as