There’s an election on, so it’s time to get right into some details about climate and energy policy. Right? In a Facebook post this week, the emissions reduction minister, Angus Taylor, claimed that Labor “plans to force the nation’s top 200 largest energy users and producers to cut their aggregate emissions by 25% by 2030”.
Taylor was referring to Labor’s plan to modify the Morrison government’s safeguard mechanism – a policy that was supposed to cap emissions from industrial facilities that emit more than 100,000 tonnes of CO2-equivalent a year by requiring them to purchase carbon credits if they exceeded an emissions baseline.