Australia prioritizes reducing emissions and cheaper Evs

2022-07-02

Australia’s new government is putting climate change at the top of its legislative agenda when Parliament sits next month for the first time since the May 21 election, with bills to enshrine a cut in greenhouse gas emissions and make electric cars cheaper, a minister said on Wednesday.

A bill will be introduced to commit Australia to reducing its emissions by 43% below 2005 levels by 2030 when Parliament sits on July 26, Minister for Climate Change and Energy Chris Bowen told the National Press Club.

Another bill would abolish import tariffs and taxes for electric vehicles that are cheaper than the luxury car threshold of 77,565 Australian dollars ($53,580).

Only 1.5% of cars sold in Australia are electric or plug-in hybrid, and passenger cars account for almost 10% of the nation’s emissions, the government said.

The new center-left Labor Party government expects EVs will account for 89% of Australian new car sales by 2030.

The government’s fleet will be converted to 75% no-emission vehicles, bolstering a second-hand EV market as government vehicles are sold after three years.

The new government has already officially informed the United Nations of Australia’s more ambitious 2030 target than the previous conservative Liberal Party-led administration had pursued, a reduction of 26% to 28%.

But Bowen said legislating the 43% target would create greater confidence.

“It’s about certainty and stability, mainly for the business investment community,” Bowen said.

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Valdosta Daily Times, 2-07-22
; https://www.valdostadailytimes.com/news/business/australia-prioritizes-reducing-emissions-and-cheaper-evs/article_86871323-fd11-5a8f-89bd-896474a10baf.html