Business and farming groups say 2030 emissions target ‘critical for investments’ after Dutton ditches policy

Investors need a ‘certain, credible and consistent’ energy policy framework, says statement from business and farming groups. Photograph: Dave Hunt/AAP

Major business and farming groups say Australia’s existing 2030 climate targets are “critical” and have warned against chopping and changing energy policy, in a shot across the bows of the Coalition.

On Thursday 18 organisations – including some closely aligned with the Coalition’s core constituencies – issued a joint statement saying investors required a “certain, credible and consistent policy framework”.