Carbon cost of clean car rebate almost 1,500 times the ETS price

ACT MP Simon Court. (Image: Getty)

Fri, 23 Sep 2022

The government's clean car rebate scheme equated to paying $126,000 per tonne of carbon when it could buy carbon credits for about $86 per tonne, Act MP Simon Court said yesterday.The MP is a member of the environment select committee, which heard a presentation on transport emissions as part of its review of the government's 2022 emissions budgets.The government’s first emissions reduction plan begins this year. Last May, the government published its first three emissions budgets covering the years out to 2035. These are def...

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