cross-posted from: aussie.zone/post/10841937
Andrew Forrest says Coalition’s abandonment of 2030 emissions target would ‘decimate’ economy
Submitted 2 weeks ago by Mountaineer@aussie.zone to australianpolitics@aussie.zone
Submitted 2 weeks ago by Mountaineer@aussie.zone to australianpolitics@aussie.zone
cross-posted from: aussie.zone/post/10841937
autotldr@lemmings.world [bot] 2 weeks ago
This is the best summary I could come up with:
The mining magnate Andrew Forrest has warned that the federal Coalition’s proposed abandonment of the 2030 emissions reduction target would hit Australian exports with penalty carbon taxes.
On Tuesday the Fortescue boss warned that relying on the introduction of nuclear power in at least 15 years’ time while opposing large-scale renewables and abandoning interim targets would cripple investment certainty.
Scrutiny of the Coalition’s climate policy is increasing after CSIRO said electricity from nuclear energy would be at least 50% more expensive than solar and wind and Peter Dutton’s plan to oppose the 43% emissions reduction by 2030 was exposed as an abandonment of the Paris agreement.
On Monday the Nationals leader, David Littleproud, said Australia did not need “large-scale industrial windfarms” such as those proposed for an offshore zone south of Sydney, adding that the Coalition would “cap” investment in renewable energy if elected.
The Albanese government on Saturday gave the green light to a 1,022 sq km area, 20km off the Illawarra coast, in the first stage of a process for it to become the country’s fourth dedicated windfarm zone.
The energy and climate change minister, Chris Bowen, seized on the remarks which he said showed “while the world races to cleaner cheaper reliable renewables, the Nationals wants to stop new investment”.
The original article contains 744 words, the summary contains 213 words. Saved 71%. I’m a bot and I’m open source!