The Albanese government has drawn internal criticism at the UN climate talks in Egypt for resisting a global push to end international public subsidies for fossil fuels, with the Labor party’s grassroots environment wing calling the decision “disappointing” and asking for an explanation.
Australia chose not to sign an agreement known as the statement on international public support for the clean energy transition partnership at a public event held at Cop27 in Sharm el-Sheikh on Tuesday. The partnership, created in Glasgow last year, is backed by 36 countries and five public finance institutions that have committed to direct export credit support towards clean energy and away from “unabated fossil fuels”.
