GetUp and Greenpeace right to trash the NEG

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Via The Guardian:

The Queensland and Victorian governments will be hit with a new television advertising campaign in an effort to persuade them to torpedo the national energy guarantee at a critical meeting in early August.

The activist group GetUp has combined with Greenpeace to bankroll what it describes as hard-hitting television advertisements targeting the two Labor-held states ahead of a meeting of energy ministers in August that will make or break the Turnbull government’s signature energy policy.

Opponents of the national energy guarantee have been frustrated that the Victorian government thus far has been muted in its public criticism of the scheme, and fear the Australian Capital Territory – which has been persistently critical – won’t sink the Neg at the Coag energy council unless one of the larger states is also on board.

With the Queensland energy minister, Anthony Lynham, calling in key stakeholders on Thursday to take soundings on the policy, GetUp’s national director, Paul Oosting, told Guardian Australia the activist group “expects all states to use their veto power” in August and fight for a national energy policy that would cut pollution and assist the transition to renewables.

The Australian Conservation Foundation echoed GetUp’s stance, declaring the current policy “unsupportable” because the emissions reduction target is insufficient to see Australia meet its commitments under the Paris agreement, and the policy as drafted makes it difficult to adjust the level of ambition.

The ACF’s Gavan McFadzean said: “What every state and territory government needs to understand is that if they sign up to this Neg, they own it and its woefully inadequate 26% pollution reduction target, locked in to 2030.

Yep. It’s a political fig leaf. Trash it.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.