Australia’s largest emitters could be required to slash their carbon footprint by up to 6 per cent a year under a new federal climate policy. auspol
Australia’s largest greenhouse gas emitters could be required to slash their carbon footprint by up to 6 per cent a year under a key plank of the Albanese government’s campaign to combat climate change.
The Albanese government will begin extensive industry consultations across the country on Thursday to seek feedback on how the mechanism should be designed.Among the key areas of consultation will be setting “baselines” for new and existing facilities and determining indicative rates for baseline reductions.
The plan has won the backing of significant business groups, including the Australian Industry Group and Business Council of Australia, which say ambitious and predictable climate policy frameworks are essential for companies to make significant investments in decarbonisation.“Building on the existing safeguard mechanism is an obvious place for any government to start,” Australian Industry Group chief Innes Willox said last year.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Bulletproof’ carbon credits system essential: UN expertEnergy and Climate Change Minister Chris Bowen should also ensure his safeguard mechanism imposes a binding cap on industrial emitters.
Read more »
Ezra Miller breaks silence to apologise ‘to everyone that I have alarmed’In their first statement since legal issues began, non-binary actor says they have begun treatment for ‘complex mental health issues’
Read more »
Grocery prices in Great Britain rise 11.6% as inflation hits highest level since 2008Basics such as butter, milk and poultry show biggest increases in figures from market research group
Read more »
Jordan Peterson slams 'delusional' Anthony Albanese’s climate goalsJordan Peterson has taken aim at Anthony Albanese’s “impossible” 2030 and 2050 emissions reduction target as he condemned “power mad globalist utopians” pushing for drastic climate action.
Read more »
Will Morrison stay or will he go? The choice comes down to one person, Uhlmann saysCalls for former Prime Minister Scott Morrison to resign from parliament are growing, following revelations he secretly appointed himself to five additional portfolios between March 2020 and May 2021. Do you think he should resign? 9News STORY:
Read more »