Today is the day Australia gets a net-zero target, after Cabinet met last night to discuss details. What these details mean in terms of impact on reducing Australia’s emissions remain to be seen. What we know so far is that Resources Minister Keith Pitt will return to Cabinet, and that there will be ‘safeguard reviews’ in place to check on the economic impact of a net-zero target on regional communities.
While this all plays out, a new UN report reveals that greenhouse gas concentrations in the atmosphere hit an all time high last year. Despite the political games in Canberra, reducing emissions is a matter of deadly seriousness.
PM net zero plan to include rural reviews
Federal cabinet has signed off on "safeguard" reviews of the economic impact of the government's 2050 net-zero emissions target on rural and regional communities, ahead of a global climate summit.
NSW govt concern fast-tracking gas project would erode independent process: leaked emails
The NSW government requested the Narrabri Gas Project to be scratched from a federal government list of fast-tracked projects, due to concerns it would make the independent assessment process appear pre-determined, freedom of information documents have revealed.
Morrison’s big win over the Nationals looking more like a pyrrhic victory
There are substantial compromises in the PM’s net-zero deal that weaken any claim the government shares the urgency of the United States, Britain or the Europeans, writes Paul Bongiorno
Net zero detail thin on the ground among ASX 200
Australian investors are pushing listed companies for more detail on their carbon reduction strategies but more than 60 per cent of ASX businesses have not shared a net-zero emissions plan with their shareholders.
Greenhouse gas concentrations hit record high last year, UN reports ahead of Glasgow COP26 climate summit
Greenhouse gas concentrations hit a record last year and the world is "way off track" on capping rising temperatures, the United Nations says, ahead of climate talks in Glasgow aimed at averting dangerous levels of global warming.