Tuesday, 11 Mar 2025

Labor will cut EV taxes and try to legislate 2030 emissions target, Chris Bowen says

Labor will cut EV taxes and try to legislate 2030 emissions target, Chris Bowen says


Labor will cut EV taxes and try to legislate 2030 emissions target, Chris Bowen says
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Bowen reiterated a commitment to restore the Climate Change Authority as a central advisory body after it was sidelined under the Coalition, and said it would be expected to give science-based advice on a new emissions target for 2035 before the end of this term of parliament.

Labor set its 43% emissions reduction target after designing its policies. It asked consultants RepuTex to model their expected impact on national emissions and adopted the answer as its target.

Bandt has cited a warning by the head of the International Energy Agency, Fatih Birol, that no new coal plants and oil and gas fields should be opened if the world is to reach net zero emissions by 2050.

He said there would be no government finance for new coal and gas fields, and he expected the Greens would support government legislation on its merits.

Bowen also said that:

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