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Back to the fuel guzzlers? Coalition plans to end EV tax breaks would hobble the clean transport transition

The Conversation - Thu, 2025-04-24 15:49
Ending Labor’s EV tax break would make it much harder to cut surging emissions in Australia’s transport sector. Anna Mortimore, Lecturer, Griffith Business School, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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EVs to cost more under a Coalition government, after Dutton’s apparent backflip on popular tax break

The Guardian - Thu, 2025-04-24 15:26

Polestar says Dutton’s move shows ‘a complete lack of understanding of the significant cost-of-living, climate and health benefits of EVs’

Electric vehicles would cost more under a Coalition government, after Peter Dutton confirmed he would scrap a popular tax break for EV drivers in an apparent backflip that has caused confusion and anger among clean car advocates.

The initiative, which was introduced by the Albanese government in 2022, has meant if a person buys an EV priced under $91,387 through a novated lease program via their employer (when a lease is paid off through pre-taxed salary deductions) they do not have to pay fringe benefits tax (FBT) – even if the car is only for personal use.

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ADB climate spending reaches record levels

Carbon Pulse - Thu, 2025-04-24 15:14
The Asian Development Bank (ADB) set a new record for climate finance commitments in 2024, as it hones in on a goal for 50% of all capital commitments to be for climate action by 2030.
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EcoRegistry, Argentine province sign MoU to launch regional biogas standard

Carbon Pulse - Thu, 2025-04-24 15:05
Environmental platform EcoRegistry on Wednesday signed a Memorandum of Understanding (MoU) with an Argentine province on launching a subnational carbon credit standard focused on reducing methane emissions.
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Direct air capture developer sells 13k carbon removal credits to global shipping company

Carbon Pulse - Thu, 2025-04-24 15:00
A direct air capture (DAC) project developer has signed a deal to sell 13,400 carbon removal credits to a large shipping company.
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Colombia to issue criteria, not positive list for prospective Article 6 projects

Carbon Pulse - Thu, 2025-04-24 11:50
Colombia is not curating a positive list of project types that will be automatically eligible for Article 6 agreements, and will instead issue broader criteria with case-by-case evaluation, according to an official and an external consultant speaking at the Colombia Carbon Forum conference in Bogota on Wednesday.
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ARB issuance undeterred even as US compliance market headline risks extend to offsets

Carbon Pulse - Thu, 2025-04-24 11:34
California regulator ARB’s 2025 offset issuance rose more than 8% over the most recent two-week period, state data published Wednesday showed, even as headline risks plagued US compliance markets, collapsing offset prices.
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Water firms admit sewage monitoring damaging public trust

BBC - Thu, 2025-04-24 11:09
The industry says powers to self-monitor water quality should be handed back to the regulator.
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Colombian ETS “more or less” on track for H2 pilot -official

Carbon Pulse - Thu, 2025-04-24 09:46
Colombia’s long-awaited emissions trading system (ETS) is still slated to launch in a pilot phase this year despite political upheaval, an official told Carbon Pulse on the sidelines of the Colombia Carbon Forum in Bogota Wednesday.
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FEATURE: Canadian election juggles fossil fuels, decarbonisation in face of Trump

Carbon Pulse - Thu, 2025-04-24 09:41
Canada's leading political parties are positioning energy expansion and fossil fuel decarbonisation as competing primary ideologies ahead of the country's impending federal election. 
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UK seeks global green investors with windfarm cash and planning policies

The Guardian - Thu, 2025-04-24 09:06

Government is ‘setting up conversations’ as companies arrive in London for clean energy summit

The UK is to woo global green investors, including those scared away from the US by the actions of Donald Trump, by offering cash and infrastructure improvements to encourage companies to set up manufacturing plants and supply chains.

The government will bring forward £300m for offshore windfarms, an area in which the UK retains a lead, and has invited banks and major international companies to a 60-country summit in London this week.

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PREVIEW: IEA-UK summit a chance to tackle ‘Trojan horse’ of fossil fuel spending for energy security

Carbon Pulse - Thu, 2025-04-24 09:01
The International Energy Agency’s London summit this week marks an opportunity for Europe to reframe the transition away from fossil fuels as key to achieving energy security and independence, despite US pressure to up its gas imports, according to energy and climate experts.
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SCOTUS hears arguments in case aiming to revoke California’s clean cars rule

Carbon Pulse - Thu, 2025-04-24 08:17
The US Supreme Court (SCOTUS) heard oral arguments Wednesday in a case that ultimately aims to overturn an EPA waiver to California that allows the state to create its own vehicle emissions standards, but first the court must decide if the plaintiffs – liquid fuels producers – have standing in the case.
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