Energy analysts Reputex say Morrison government rules that allow polluting companies to increase their greenhouse gas emissions will wipe out all environmental benefits claimed under its centrepiece climate change policy, the Emissions Reduction Fund.
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| Analysis by Reputex suggests emission increases from big polluters will wipe out the benefits of the Coalition's investment in emissions reduction. |
A so-called safeguard mechanism attached to the $2.55 billion fund is supposed to ensure that pollution reductions are not offset by emissions increases elsewhere. But Reputex says exemptions granted to industrial polluters will lead to huge emissions increases to 2030, effectively cancelling out carbon savings made under the fund.
Read the story from The Age by Nicole Hasham - “Emissions from big polluters will 'fully erode' the benefits of Coalition's climate policy.”
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