Labor’s climate policies held hostage by gas cartel
Advertisement
Via The Australian:
Bill Shorten will impose an aggressive pollution cap on industry and business if elected, in a bid to meet Labor’s ambitious climate change targets, and will push for half of all new cars sold in Australia to be electric within a decade.
On the eve of the federal budget, the Opposition Leader will today unveil the party’s controversial climate change policy, repeating Julia Gillard’s pledge to not introduce a carbon tax but vowing to resurrect the former Labor government’s Climate Change Authority.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.