ABC News – Top stories
·general
·1 hour ago
EV tax discount removed two days' worth of carbon emissions
Australia's $2 billion electric vehicle tax discount abated only two days' worth of the country's annual carbon emissions, a Treasury review found. The scheme resulted in 64,000 additional EV sales since late 2022, avoiding 2.2 million tonnes of emissions. The government is winding back the incentive for vehicles above $75,000 starting April 2025, citing cost pressures.
Summary by Glance · ABC News – Top stories
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