The climate change bill has been named as a top priority, but the plan to legislate a 43 per cent emissions reduction target is set to present an early challenge at the negotiating table. Read more here:
It also tasks the independent Climate Change Authority to provide advice on Australia's progress against its targets, and also advise on a 2035 target.
The government says it was reached by determining policy settings required to secure a pathway to reaching net zero by 2050, rather than starting with an intended target.That would include a plan to increase the share of renewables in the National Electricity Market to 82 per cent by 2030. This means Labor would need the support of the Greens to pass the legislation, and at least one more vote.Greens party open to 43 per cent climate target as a minimum, pushes for ban on new coal projects
The crossbench is made up of two One Nation senators, two from the Jacqui Lambie Network, independent David Pocock and also one seat for the United Australia Party.What are other countries doing? On the higher end, Sweden intends to reduce emissions 63 per cent by 2030, Denmark 70 per cent by 2030, Germany has also committed to at least 55 per cent by 2030.
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