Federal politics is belatedly catching up with big business in the approach to climate change and the need to accelerate progress on emissions reduction and decarbonisation.
Neither Labor’s public messaging nor private conversations with Labor leadership have given the CEOs of major resources companies reason to fear Labor’s agenda in government will prove more alarming than limited policy changes promised from opposition. And after the electoral decimation the Liberal Party suffered, the few remaining moderate Liberal MPs are likely to back Labor’s target, too. So even if the Greens were tempted to leverage their new status in the Senate, this would not block Labor’s policy.hard on absorbing more than a 43 percentage cut from their own operations by 2030 en route to zero net emissions by 2050.