New Australian Government: Legislating to end climate and energy chaos

The Albanese Government will introduce the Climate Change Bill 2022 into Parliament on Wednesday 27th July, to enshrine the nation’s commitment to reduce greenhouse gas emissions by 43 per cent below 2005 levels by 2030, and net zero by 2050, into law.

Legislating targets provides the strongest possible signal to industry and investors of Australia’s collective commitment to decarbonising our economy and becoming a renewable energy superpower.  It also helps restore Australia’s international reputation, positioning Australia to capitalise on the opportunities arising from global climate action. The legislation has four key elements: Enshrines in law our Nationally Determined Contribution of 43% emissions reduction by 2030... ... More: Official Press Release Australian Government

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