Business Maverick: Australia begins fight to legislate tougher climate action

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The government introduced legislation to enshrine steeper targets to cut greenhouse-gas emissions into law, even as Greens politicians signalled more ambitious goals are needed to win their support. Prime Minister Anthony Albanese has promised to cut ...

That would bring Australia closer in line with nations like Canada, South Korea and Japan, though lags behind action pledged by the US, the European Union and the UK.

“It’s an important bill,” Minister for Climate Change and Energy Chris Bowen told Sky News Australia. “It sets our emissions targets in law, it provides a framework for investors to let investors know Australia’s open for business, for renewable energy, for transmission, for storage, to create hundreds of thousands of jobs.”, Australia was viewed as a global laggard on action to curb emissions.

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