, Mr Bowen said there was no reason to legislate his planned changes to the so-called safeguard mechanism, a voluntary scheme that seeks to curb emissions from the country’s 215 largest industrial and resources emitters.
“But I’ll be making calls about the regulation. I want real emissions reduction from the sector ... but I’ll be very sensitive to the needs of emissions intensive trade-exposed industry.
“But I want real emissions reduction. Don’t read more or less into that about what it means. It means I want emissions down from these big emitters.” “Gas has different technologies available to it at the moment than does coal, than do the airlines, than do aluminum smelters.”“And in five years’ time, that will have changed, and they’ll have different technical capacities at different points.Call to expand the carbon rules
That would potentially add thousands of companies to the scheme but spread the burden more widely across the economy. It might also become necessary in decades beyond 2030 as Australia lifts its United Nations climate target above 43 per cent.“This will allow the government to scale Australia’s climate ambition beyond the 43 per cent 2030 [nationally determined contribution] when it sets the 2035 NDC, and subsequent NDCs thereafter,” the institute said in its submission.
Bowen remains a liability, caught bewteen realpolitik and ideology. He is unable to see how rapidly sentiment has reversed - fossil fuels now essential. Please call him to account at every opportunity jacobgreber
Bowenchris needs to avoid an energy blunder and not follow Europes lead. Watch via YouTube
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Source: FinancialReview - 🏆 2. / 90 Read more »