The federal government should strengthen the Safeguard Mechanism that applies to large emitters, says an OECD economic survey of Australia. Read more...
Medium-term targets like Australia's pledge of a 26% to 28% cut by 2030 are outdated, and Australia "could be much more aggressive" in its approach, US deputy climate envoy Jonathan Pershing said today. Read more...
Rising electricity prices will trigger a resurgence in business interest in renewable energy power purchase agreements, predicts Australian Industry Group's climate and energy specialist Tennant Reed. Read more...
The latest IPCC report provides powerful new evidence to support the claims of climate change litigants, according to environment groups, lawyers and climate scientists. Read more...
The European Union confirmed overnight it will start phasing in a carbon levy regime on some imports from 2023, and other important Australian trade partners are considering similar policies. Read more...
The first draft of a Paris-style biodiversity agreement sets a target of sourcing 10 gigatonnes of carbon abatement annually from nature, proposes tough controls on nutrients, pesticides and plastic, and calls for a huge increase in biodiversity funding. Read more...
Treasury and financial regulators should act now to make carbon risk disclosure mandatory by 2024, international and domestic investors have told the Morrison government. Read more...
* CarbonNet Bill passes Victorian Lower House
* State government holds back review of Port Pirie lead program
* Investors managing US$41 trillion urge stronger emissions targets Read more...
Mandatory climate risk disclosure appears inevitable in Australia, following a meeting of G7 finance ministers that also backed TCFD-style disclosure of nature impacts. Read more...
