Speaking on behalf of global business associations, the Australian Industry Group's Tennant Reed has told UN climate negotiators to take bolder action, and the EU has warned that laggards could face border penalties.
Less than 10% of business executives are in favour of the federal government using hoarded 'Kyoto' carbon credits to meet Paris Agreement emissions targets, according to a new survey by the Carbon Market Institute.
It will now be compulsory to assess the climate change impacts of key government policies, bills and spending initiatives, NZ's Minister for Climate Change James Shaw said today.
Associations representing some of Australia's biggest emitters and the carbon offsets industry today joined with international counterparts to call for rules that allow large-scale global trading in greenhouse gas abatement.
The New Zealand government has unveiled measures to gradually reduce free allocations of emission units to emissions-intensive businesses such as BlueScope and Rio Tinto.
The New Zealand government today unveiled measures to gradually reduce free allocations of emission units to emissions-intensive businesses such as BlueScope and Rio Tinto.
The Climate Change Authority will provide advice to the federal government by year's end on ways to meet tougher emissions targets that lead 'clearly and firmly' to net zero emissions.