Energy Minister Chris Bowen introduced the government’s Climate Change Bill in the House of Representatives on Wednesday. It is expected to reach the Senate in September.

Energy Minister Chris Bowen introduced the government’s Climate Change Bill in the House of Representatives on Wednesday. It is expected to reach the Senate in September.Credit:James Brickwood

“That’s the policy of the Greens and no doubt they will be pursuing that,they’re entitled to do that,” Albanese said on Tuesday night.

“But that’s not the policy of the Labor Party and we won’t be supporting it because that would have a devastating impact on our economy.”

However,the amendments offered by Labor to the Greens are expected to bring the two parties closer to a deal that could guarantee the bill is passed by parliament when it hits the Senate,which is expected in September.

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Australian Academy of Science president,Professor Chennupati Jagadish,welcomed the government’s bill,but said stronger emissions reductions were needed over the next decade.

“The worsening impacts of climatic changes on the lives and wellbeing of millions of Australians demand that our political leaders work together with world leaders to achieve more ambitious emissions targets,” he said.

“On the current global 2030 trajectory,limiting warming to 1.5 degrees is unachievable.”

Australian Industry Group chief executive Innes Willox said the legislation was a positive start and would underpin the investment businesses needed to make to reduce emissions.

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