By declaring emissions to be pollutants, the state environmental regulator will use its powers to nudge around 50,000 businesses to act faster on climate change
Transport companies, miners, manufacturers and electricity producers across NSW will be forced to take on the lion’s share of cutting emissions under aExplicitly declaring greenhouse gasses to be pollutants, the NSW Environment Protection Agency will target the roughly 50,000 companies it covers in the state to ensure companies are reducing emissions as fast as possible.
NSW EPA chief executive Tony Chappel described the move to include carbon in its regulatory framework as a “paradigm shift” in the way in which it engages with industry.
But for the approach to work, the agency intends to focus on creating a level playing field, and is looking to work with other states to ensure companies don’t shift jurisdictions to avoid carbon penalties. The EPA’s Climate Change Action Plan 2023-26, to be released on Friday, signals the agency’s intention to potentially adopt market-based approaches, including charging fees for greenhouse emissions.“We could also investigate whether a targeted cap, offsets and trading
“The mining sector is already quite well advanced, but I think we want to keep working closely with them on issues like fugitive methane and making sure we’re using cost-effective opportunities there.“And then there’s the stationary sector, I think, companies like Bluescope [and] a lot of the companies that need to make the shift are already well advanced.
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.
'Great day for NSW': $100m pledged to fix one of NSW's most dangerous roadsPremier Dominic Perrottet says the federal government's $100 million pledge to upgrade one of NSW's most notoriously dangerous roads is a 'great day' for the state.
Read more »
Parents warned after sharp spike in NSW gastro casesResidents across New South Wales have been issued a stark warning to be extra vigilant in the coming weeks after a recent sharp increase in gastroenteritis (gastro) cases.
Read more »
Gastro warning for NSW as data shows significant rise in casesTesting data shows that the number of rotavirus cases, the most common cause of gastroenteritis, is at some of the “highest levels of the last decade”.
Read more »
Loggerhead turtle nest discovered on NSW beach the southernmost on record in AustraliaSurprised beach walkers have found an endangered loggerhead turtle and its nest on a popular NSW Central Coast beach, which conservationists say could be a sign of climate change impacting the species.
Read more »
NSW's $6 million plan to cut waste for almost 300,000 householdsAlmost 300,000 households in NSW will be provided with a new bin service as part of $6 million in government funding to cut the waste ending up in landfill.
Read more »
NSW residents to receive green bins for food wasteThe food organics and garden organics (FOGO) bins will be distributed to 14 more council areas for residents to use for food waste, meaning 56 NSW councils will now have the service.
Read more »