Greens back safeguard mechanism: Bandt announces deal with Bowen
The Greens have agreed to deliver their crucial support for the signature climate policy of the Albanese government, agreeing to back Climate Change Minister Chris Bowen’s reforms to the safeguard mechanism that caps the emissions of the nation’s 215 biggest carbon polluters.
Greens leader Adam Bandt announcing he had struck a deal with the government to pass the climate legislation.“Coal and gas pollution was set to soar under Labor’s safeguard,” Bandt said, announcing the deal. “The Greens have introduced a hard cap on emissions, meaning real pollution must actually come down and the coal and gas corporations can’t buy their way out of the cap with offsets. This puts a limit on coal and gas expansion in Australia.
Bandt declared he had won a concession from Bowen to impose a total cap on the overall emissions permitted under the scheme until 2030, which would restrict the development of fossil fuel projects.The Greens leader said his deal with Bowen would “derail the business case” of the controversial Beetaloo Basin gas field in the Northern Territory.
“Negotiating with Labor is like negotiating with the political wing of the coal and gas corporations ... Labor seems more afraid of the coal and gas corporations than climate collapse,” he said.“It’s become readily apparent that we are dealing here in this parliament with a government that is still captured by the coal and gas corporations.”
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