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The New Daily
The New Daily
National
Dominic Giannini

Labor’s climate safeguard laws clear Senate

The government says the laws will cut emissions and boost investor confidence in large companies. Photo: AAP

A new carbon pollution cap on big emitters will apply from July 1 after laws cleared the Senate.

Changes to the safeguard mechanism, which was initially brought in by the Coalition government, will force the nation’s 215 biggest emitters to reduce their emissions by 4.9 per cent each year.

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