Scott Morrison is criticising the Coalition’s own climate policy – it’s just one that has barely been used
, basically adopted the business council’s recommendations. It said if it was in government the baselines for the 215 major industrial sites covered by the safeguard would be cut “predictably and gradually” in a way that supported “international competitiveness and economic growth”.
The Coalition’s net zero plan also acknowledges a long-term decline for coal and gas but has a different emphasis. It says both industries “will continue through to 2050 and beyond, supporting jobs and regional communities”. Given carbon capture and storage’s lack of economic viability, that appears to be banking on the world failing to address the crisis, a situation that would lead to worsening extreme weather and climate disasters.
, the Coalition model required 14 companies to buy 419,000 carbon credits at an estimated cost of more than $15m last financial year for breaching their emissions baselines.
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