01 April, 2019

‘Fake action': Labor will not use Kyoto credits in major new emissions package

Labor will ban the use of Kyoto credits to meet Australia’s Paris climate commitments in a key decision that opens up a gulf between Prime Minister Scott Morrison and Opposition Leader Bill Shorten on the environment just weeks out from the federal election.
Labor leader Bill Shorten knows environment policy carries political risk.
Ridiculing the Coalition's use of carryover credits as “fake action on climate change,” Mr Shorten will end months of secrecy on Monday by unveiling how Labor plans to reduce greenhouse gas emissions by at least 45 per cent on 2005 levels by 2030 if elected in May.

The decision is part of a broad policy platform that includes subsidised solar batteries for 100,000 homes, a $10 billion boost to the Clean Energy Finance Corporation and a national electric vehicle target of 50 per cent of new car sales by 2030.


Read the story from The Age by Eryk Bagshaw - “‘Fake action': Labor will not use Kyoto credits in major new emissions package.”

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