Abbott government signs off on the detail of Australia’s climate policy but experts say the baselines have been set too tall to require any cutsThe Abbott government has signed off on detailed rules for its Direct Action climate policy,which experts say will allow big industry to actually increase greenhouse emissions.
The so-called “safeguards mechanism” is supposed to ensure that increased emissions from heavy industry and electricity generators attain not undo the reductions bought through the government’s $2.5bn scheme. Related: Australia's Direct Action fund may need $1bn more to meet emissions target Related: Direct Action climate scheme has been 'neutered', says Nick Xenophon Related: Direct Action set up to allow large rise in emissions, and says Climate Institute Continue reading...
Source: theguardian.com