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Speaker 1: It's a big move on the cost of importing cars.

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Speaker 1: The government slashing emissions charges. The Clean Vehicle Standard, which

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Speaker 1: basically gives you credits for evs and a bill for VHS,

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Speaker 1: is going to get heavily reduced, it to saving of

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Speaker 1: around two hudred and sixty million dollars while they sort

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Speaker 1: of work out what to do next. Chris Bishop is

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Speaker 1: the Transport Minister and is with us morning, good morning.

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Speaker 1: I was watching you yesterday and this is not a

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Speaker 1: criticism of you, but you look like you had a headache.

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Speaker 1: And this is what you get when your jerrymander a market,

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Speaker 1: isn't it.

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Speaker 2: Well, it's a complicated You did not the first business

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Speaker 2: say that. Actually it's a complicated situation. And trying to

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Speaker 2: explain to people exactly how it works. It's like explaining

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Speaker 2: algorithmic chess or something. It is hard because you've got

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Speaker 2: these credits and these penalties. I mean, the short point

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Speaker 2: is basically the standard is too onerous. And that's after

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Speaker 2: we made some changes by the way, from the lart

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Speaker 2: so the last guy's introduced this labor introduced at twenty

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Speaker 2: twenty three. We made some changes in twenty four to

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Speaker 2: bring it into a line with Australia. Everyone thought that

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Speaker 2: would be working, it would be a sensible solution. It

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Speaker 2: didn't because the bottom was falling out of the EV

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Speaker 2: market and there are real supply constraints coming out of

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Speaker 2: Japan in particular, so the importers just can't get the

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Speaker 2: supply to bring them to the market, and when they

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Speaker 2: can bring them in, Keywis don't really want them at

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Speaker 2: the moment. So you've got all of these importers have

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Speaker 2: got massive amount of penalties. Eighty six percent are in

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Speaker 2: a penalty pit position and they just don't have the

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Speaker 2: supply to bring the credits in. So that will all

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Speaker 2: flow through to consumers on the first of January next

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Speaker 2: year unless we do something.

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Speaker 1: But can you explain is there another market out there

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Speaker 1: where a government imposes themselves on a person who imports

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Speaker 1: a product that people don't want. I mean, what sort

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Speaker 1: of markets that.

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Speaker 2: Well, most countries have a form of this, so not

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Speaker 2: a clean vehicle standard. Well, most countries don't do it

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Speaker 2: in the complicated way we do it. They just have

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Speaker 2: a you've got to meet various different fuel economy standards.

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Speaker 2: So that's partly what we want to do over the

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Speaker 2: next six months while we are going to do a

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Speaker 2: short term fix relieve pressure on people, and then we're

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Speaker 2: going to have a proper look at it. And the

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Speaker 2: actual industry supports it. This is the thing. So the

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Speaker 2: vehicle they used, vehicle guys and the clean the new

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Speaker 2: car people support having a standard. They just want it

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Speaker 2: to be a sensible one. So we just got to

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Speaker 2: figure out what that is.

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Speaker 1: Have you figured it out in your mind? I mean,

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Speaker 1: because I can't figure it out. Because here's the problem.

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Speaker 1: I know when I want to buy as a car.

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Speaker 1: I'm the punter. I've got the money. I know when

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Speaker 1: I want to buy as a car. Right, So the

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Speaker 1: car I drive to work this morning's a V eight

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Speaker 1: and I like driving the V eight, and that's what

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Speaker 1: I do. So you can import what you want. I'm

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Speaker 1: going to buy what I want. And that's your conundrum,

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Speaker 1: isn't it.

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Speaker 2: Yeah, And it's the next question is how much do

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Speaker 2: you care about the emissions of the V eight.

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Speaker 1: Mike, not remote? How much do you couldn't?

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Speaker 2: Well, fair enough, but the country's got obligations around it,

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Speaker 2: and you know we've got we've got to know over

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Speaker 2: time reduce emissions. But then you say, well, actually, we've

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Speaker 2: got an a missions trading scheme to do that. So

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Speaker 2: do you actually need a clean vehicle standard on top

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Speaker 2: of that, because you've already got the emissions trading scheme.

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Speaker 2: So when you fill your car up, you pay petrol

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Speaker 2: tax right when you pay, and you also pay quite

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Speaker 2: a high carbon charge. You probably don't actually you know,

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Speaker 2: you don't actually pay that at the pump, but you

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Speaker 2: are like because the price you pay is high, and

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Speaker 2: so you know, you say, what do you actually need

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Speaker 2: a separate mechanism? So we're just going to go through

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Speaker 2: all those conversations. There are good arguments for and against

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Speaker 2: each of them.

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Speaker 1: Yes there are, what do you think? And I know

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Speaker 1: you gave the Russia example yesterday and they're the only

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Speaker 1: people without one, so you don't want to be aligned

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Speaker 1: with Russia? But is there anything actually just forget your

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Speaker 1: obsession with Paris and twenty fifty and all that stuff,

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Speaker 1: just for a moment, just as a libertarian, as a

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Speaker 1: free thinker, is there any reason why you wouldn't done

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Speaker 1: the whole thing completely and just let people get on

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Speaker 1: with life.

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Speaker 2: I just lost you there, just say that again.

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Speaker 1: Oh whatever, the old tricky question at the end of

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Speaker 1: the interview and your lost weight.

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Speaker 2: I just lost your going around the going around the bays. Yeah,

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Speaker 2: I lost you at your obsession with Paris, which we're

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Speaker 2: not assessed with, by the way.

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Speaker 1: But well, yeah, but what I'm saying, why wouldn't you

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Speaker 1: because was because Russia is the only one in the

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Speaker 1: world without one. So I get that part. But what's

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Speaker 1: to stop you just dropping it and making life simple

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Speaker 1: for everybody?

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Speaker 2: Well, one practical complication is that there's a whole bunch

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Speaker 2: of people with penalties and some people with credits they

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Speaker 2: don't expire all to twenty twenty eight, and so they

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Speaker 2: are a property right right, you know, they sit on

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Speaker 2: people's balance sheets. So you're trying so unpicking that, well,

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Speaker 2: unpicking that is difficult. I'm not saying it's impossible. We're

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Speaker 2: just going to work our way through that. It's not impossible,

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Speaker 2: but you know, there's some complications to it. Having inherited

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Speaker 2: this dog of a scheme, we're now having to fix

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Speaker 2: it and that's what we're doing.

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Speaker 1: Okay. I appreciate your time, Chris Buship. It's pretty you

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Speaker 1: didn't have a second tunnel to go through. I going

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Speaker 1: round the base for more from the mic, asking Breakfast.

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