Australia prioritizes reducing emissions and cheaper EVs

CANBERRA, Australia (AP) — 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. Minister for Climate Change and Energy Chris Bowen told the National Press Club 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. Another bill would abolish import tariffs and taxes for electric vehicles that are cheaper than a luxury car threshold. Bowen says legislating the 43% target would create greater confidence.