The policy objective of this bill is to achieve a rapid reduction in carbon dioxide emissions from light vehicles imported into New Zealand by first increasing the supply and variety of zero and low carbon dioxide emission vehicles available for purchase in New Zealand by applying a clean vehicle standard to importers of new and used light vehicles; (b) increasing the demand for zero and low carbon dioxide emission vehicles by providing for a clean vehicle discount scheme, designed to incentivise, through the issue of rebates or the imposition of charges, the purchase of zero and low emission vehicles; (c) informing New Zealanders about vehicle emission levels and fees or rebates in relation to light vehicles offered for sale by requiring vehicle labelling requirements.