Albo’s Disastrous Climate Deal with Greens By James Reed
It gets worse all the time, and I wonder for how long this climate change nonsense will be tolerated, given that the effects are no longer just hot air mouthed by Left wing academics, but is now part of the ruling political ideologies. Now PM Albo, taking a step back from, or a breath, or space from Bob Hawke-style ritualistic sobbing, has caved in to a deal with the Greens to cut 205 million tonnes of greenhouse gas emissions at Australia’s biggest-carbon producing facilities, including the gas industry. The requirement is to slash emissions by around 5 percent a year until 2030. It will mean billions will have to be spent on offsets and low-emissions technologies, while communist china get a free pass from this nonsense, and builds coal-fired power stations like there is no tomorrow. And, while the ordinary Australians are suffering now from rising electricity costs, set to increase even more in July 2023, when all this is implemented, people will not be able to afford electricity at all, and will live in the dark and cold. Tens of thousands of progressives can come out to celebrate the state voice legislations; how long before apathy is overcome and people protest about this, as in Europe?
“Anthony Albanese’s climate deal with the Greens to cut 205 million tonnes of greenhouse gas emissions at Australia’s biggest-polluting facilities could put at risk Labor’s target of net-zero emissions by 2050 and force companies to spend billions on offsets and low-emissions technologies.
The gas industry on Monday warned that the Prime Minister’s signature climate policy, forcing 215 big-emitters to slash emissions by nearly 5 per cent each year out to 2030, could drive up costs for households and businesses if new gas supply is restricted.
The agreement, which includes a hard cap on total emissions and ensures passage of the safeguard mechanism crediting legislation through the Senate ahead of the scheme starting on July 1, ignored Greens’ demands to ban new gas and coal projects.
After Climate Change Minister Chris Bowen and Adam Bandt struck the deal, Mr Albanese rejected suggestions that agreeing to the Greens’ 13 amendments would force up power prices or have an impact on energy supply.
Despite Mr Bandt claiming the deal delivered a “huge hit” to fossil fuels and would stop about half of the 116 new coal and gas projects in the pipeline, Mr Albanese said the safeguard mechanism would not kill off future investment.
“We have had discussions … not just with people in this building, but people outside this building, whether it be the manufacturing sector or whether it be the gas industry,” the Prime Minister said. “You will note that the demands that were placed on us of ruling out future projects are ones that we said we wouldn’t agree with, and we haven’t.”
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