ANZ has confirmed it won't provide finance to Gunns Ltd for its proposed $1.4 billion Bell Bay pulp mill in Tasmania but won't say whether its forests policy was a factor.
A report commissioned by the Tasmanian government has found that poor enforcement has resulted in a 'lack of interest or intent' in complying with hazardous waste controls.
Tasmania has critically under-resourced the management of hazardous waste and unless the situation changes it will find it difficult to attract investment in much-needed new hazardous waste management infrastructure, the report warns.
An OECD review of Australia's environmental performance says serious breaches are 'inadequately prosecuted' in some jurisdictions and recommends that enforcement be strengthened, especially against big polluters.
The OECD also says voluntary measures often don't have 'meaningful' monitoring and compliance mechanisms and recommends greater use of economic instruments.
Premier Paul Lennon yesterday laid out in state parliament a climate change strategy which will see Tasmania become the second Australian state to mandate a 60% emissions cut by 2050 and which will also introduce a state-based carbon offsets scheme.
Meanwhile, the Garnaut Review has put back by one week the release of its emissions trading paper and rescheduled Professor Garnaut's speech on trading.