Federal Energy and Emissions Reduction Minister Angus Taylor will write to chief executives of ASX200 companies and NGER reporters that have made emissions pledges, detailing the ways the government can assist.
Less than 1.3% of total emissions from Australia's top 65 emitters had to be offset in FY19 to comply with statutory requirements, and the companies have varying records on voluntary action, a Footprint analysis shows.
Santos has presented the Independent Planning Commission with a new legal opinion on ecologically sustainable development and carbon emissions, as it seeks approval for its Narrabri coal seam gas project.
Business has a crucial role to play in ensuring the Prime Minister uses his new-found authority to deliver strong climate action, according to shadow climate change minister Mark Butler.
Critics say a plan for special large-emitter carbon credits is risky, and could mean major companies pay little for their emissions for years, but big emitters argue that's not the case.