Blog Post

Federal politicians urged to adopt reformed carbon credit scheme and let market forces drive climate abatement before it is too late | The Land

Under the draft bill, to be debated next week, emissions by the worst polluting companies – refineries, smelters, aluminium and cement production – must reduce carbon emissions by 4.9 per cent each year to 2030. The mechanism sets emissions limits for all facilities with more than 100,000 tonnes of annual greenhouse gas emissions, including carbon and methane.

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