🇦🇺 Anthony Albanese
Australias electric vehicle and home battery subsidies in firing line at COP31 as Malcolm Turnbull tells Anthony Albanese to means test or scrap schemes
What happened
Former Liberal leader Malcolm Turnbull has called for the government to either means test or scrap its electric vehicle and home battery subsidies. Prime Minister Anthony Albanese highlighted Australia's success in its energy transition, citing the increase in renewable energy in the country's electricity mix. This comes as the government faces a call from the United Nations Secretary-General to ban new coal mines.
Why it matters
The effectiveness of the subsidies is being questioned, with implications for the government's climate change policy and the country's energy mix. The review of the subsidies may impact the uptake of electric vehicles and home batteries in Australia. The government's response to the call to ban new coal mines may also be influenced by the outcome.
Key facts
- Australia's renewable energy now accounts for half of the country's electricity mix
- Malcolm Turnbull has called for the government to review its electric vehicle and home battery subsidies
- The United Nations Secretary-General has called for a ban on new coal mines
Topics
Publisher evidence used
Reporting attributed to afr.com. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.
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