The Govt Wants To Make Industries Reduce Emissions By Up To 6% A Year, But The Plan Has Red Flags

The Federal Government wants to force companies to commit to annual emissions reductions targets with a reformed safeguard mechanism in place to hold them to it, new documents show. We say thank god for a little forward thinking today, but there are a few red flags. The government released a consultation paper on Wednesday that outlined a policy reform that would see Australia’s big polluters required to reduce their carbon emissions by between 3.5 per cent and 6 per cent every year starting July 2023. It’s a reform to the safeguard mechanism the Abbott Government introduced in 2016 as an alternative to Julia Gillard