A 60% rise in industrial emissions points to failure of Coalition's 'safeguard mechanism'

Industrial greenhouse gas emissions in Australia have risen 60% in the past 15 years, putting the country on a path that, if it continues, will lead to it missing the target set at the Paris climate conference.

That is the conclusion of an analysis by energy and carbon consultants RepuTex, which examined the rise in industrial carbon pollution – including from oil and gas extraction, mining and large-scale transport – in the period covered by Australia’s 2030 emissions target, starting in 2005.

The resulting report highlights the failure of the Coalition government’s “safeguard mechanism” policy, which was promised to limit carbon pollution rises so cuts paid for by taxpayers through the emissions reduction fund, the main national climate policy, were not just wiped out by increases elsewhere.

Read more: https://www.theguardian.com/australia-news/2020/feb/12/a-60-rise-in-industrial-emissions-points-to-failure-of-coalitions-safeguard-mechanism

Emissions from the Bluescope steelworks at Port Kembla, Australia

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