Secretive “King Review” into emissions policies released, with the Morrison government to funnel climate funds into carbon capture and big emitters.
Yet another reform put on the back burner, as Taylor praises the health of Australia’s fledgling carbon market, despite plunge in offset markets.
Industrial emissions continue to rise as the Morrison government’s weak Safeguard Mechanism does little to stem growth.
A growing number of industrial emitters avoiding limits by using soft rules to secure higher emissions allowances under the Safeguard Mechanism.
The ALP’s “Climate Change Action Plan” proposes to introduce a more robust ‘baseline and credit’ scheme under the government’s safeguard mechanism framework.
Australia’s dirtiest coal fired generators will be given carte blanche to keep on emitting, or even increase their emissions under new baselines.
Labor calls “peak ineffectiveness” on Direct Action as Greg Hunt denies claims from the right the policy might actually have some bite.
The Abbott Government’s safeguard mechanism released today begs the prickly question: is the Government simply safeguarding the right to pollute?