Australia edges closer to big emissions reduction bill with hit to gas investments

Times of India

Lean Right

Australia: Australia steps toward making big polluters reduce emissions

The Australian government's proposed emissions cuts are closer to being realised as the minor Greens party pledges its support for the Safeguard Mechanism initiative. This initiative aims to create a ceiling on Australian greenhouse gas emissions and forcing 215 major polluters to cut their emissions over time, equivalent to reducing CO2 emissions in Australia by two-thirds of car emissions by 2030.