On Thursday Anthony Albanese and Energy Minister Chris Bowen formally updated Australia’s international commitment for its proposed climate change action. It’s now a 43% reduction in emissions by 2030, in line with the policy Labor took to the election.
They were watched by representatives of the business sector, relieved at the prospect of greater policy certainty, which will in turn pave the way for more confidence for investment in energy.
At a news conference later, Bowen declared forcefully: “Today, Australia turns the climate corner.”
