Tag: emission targets

Australia’s Top Polluters Will Get $600 Million to Reduce Emissions by 5 Percent Every Year

January 10, 2023
AustraliaBusiness & Marketscarbon creditsChris Boweneconomyemission targetsenergyInternationalnet zeroWorld
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Australia’s biggest polluters will be required to reduce their net emissions by almost 35 percent by 2030 under the federal government’s new safeguard mechanism reforms. Minister for Climate Change and Energy Chris Bowen said the reforms will support the country’s biggest emitters to remain competitive in a global economy while they work to reduce emissions….

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‘It’s Always About How’: Australian Shadow Treasurer Asks Government How It Will Achieve New Emissions Target

June 19, 2022
Angus TaylorAustraliaChris Bowenclimate changeemission targetsenergy crisisPeter DuttonWorld
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Australian shadow treasurer Angus Taylor has criticised the Labor government’s 43 percent emissions target, asking it to explain how it would ensure the needed power supply to businesses and homes. The comment comes after thousands of homes on Australia’s east coast were plunged into darkness on Monday as electricity suppliers struggled to meet demand as…

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‘Stand up to BlackRock Like You Did to China’: Former Senator Calls on Australian PM

September 9, 2021
AustraliaBlackRockBusiness & Economyclimate changeCompaniesEconomiesemission targetsInternationalLarry FinkRon BoswellUSUS NewsWorld
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The Australian prime minister should resist pressure from overseas investments giants—like BlackRock—on climate change action, in the same way, the federal government resisted the Chinese Communist Party’s (CCP) economic coercion. Ron Boswell, former National Party senator, said moves by business and political leaders in the United Kingdom (UK), United States, and European Union (EU) to…

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Australian PM Resists New Climate Target as US, UK, EU Pledge Ambitious Emission Cuts

April 23, 2021
Australiaclimate changeemission targetsemissionsInternationalJoe BidenPrime Minister Scott MorrisonWorld
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Australian Prime Minister Scott Morrison is betting on hydrogen technology as the way forward to cutting greenhouse gas emissions, rather than setting new climate targets like fellow industrialised nations. On Thursday, the Leaders’ Summit on Climate was held online and chaired by U.S. President Joe Biden. Prime Minister Morrison told the summit that Australia was…

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