If we don’t lock in the proposed carbon safeguard mechanism by July 1,Australia will have no system for the biggest polluters.
The Greens,who will likely hold the crucial votes to pass the legislation in the Senate,have raised concerns that the changes let coal and gas companies “off the hook”.
Opposition leader Peter Dutton must stop being a wrecker on climate policy and start supporting constructive change.
The global aviation industry is divided on the best way to reduce emissions in the midst of record flying demand after the onset of COVID-19.
Property owners and commercial businesses will be asked to step up to slash the city’s greenhouse gas emissions,with new measurements such as reduced rate charges and an enforced emissions cap.
The Albanese government’s 43 per cent emissions reduction target is set to pass parliament as experts call for a crackdown on emissions reduction schemes.
The pressure is now on big carbon emitters to find a path to net-zero carbon emissions. US investment giant Blackstone has bet hundreds of millions of dollars that an Aussie start-up might have the answer.
The Climate Change Authority has suggested Australia will benefit from international carbon trading,sparking fears of fake climate action.
The government’s plan to allow companies buy carbon offsets for protecting trees is being questioned by the expert who set up the rules of a $4.5 billion fund.
The world’s biggest tech companies,including Meta and Google,have backed an Australian-designed carbon-trapping device the size of a two-man tent.
Major carmakers say Australia will be left with the cars no one else will take if it doesn’t get behind EVs,after the EU’s decision to ban the sale of fossil fuel cars and vans within 12 years.