In an Australian first, investors will put resolutions to the AGMs of Woodside and three other ASX-listed companies demanding that they reveal details of their greenhouse gas emissions and carbon policies, with 'sustainability provocateur' Paul Gilding saying businesses won't act on climate change unless investors – or governments – force them into it.
Economic modelling for the ACTU and the Australian Conservation Foundation concludes Australia would do better with a price on carbon and no imports of international carbon credits.
The Greens have today written to Prime Minister Kevin Rudd seeking Parliamentary debate of their fixed-price carbon proposal, with organisations including WWF, ACF and Greenpeace voicing their support.
Several loopholes must be closed to prevent the UN climate talks delivering a result that will make it all but impossible to deliver emission cuts that can avoid dangerous climate change, WWF says.
As the Opposition joint partyroom meeting reconvenes for further battle, the Australian Aluminium Council has thown its weight behind passing the bills with the proposed amendments, as has WWF.
Focusing only on lowest-cost action will fail to prevent runaway climate change, says a global report commissioned by WWF Australia and reviewed by author of the renowned 2004 'wedges' climate change scenario, Princeton University's Robert Socolow.
Plans for a protest at Victoria's coal-fired Hazelwood power station have prompted State shadow attorney-general Robert Clark to call for urgent action to protect Victoria's coal-fired generators from disruption.
