Coal project refused by Qld Government Landmark reforms to reduce emissions

Landmark reforms which will reduce 205 million tonnes of greenhouse gas emissions to 2030 – equivalent of taking twothirds of the nation’s cars off the road – were passed through Federal Parliament last Thursday.

Queensland Senator, and Special Envoy for the Great Barrier Reef, Nita Green said the reforms, known as the Safeguard Mechanisms, took Australia one step closer to achieving net zero by 2050.

“Climate change is the Reef’s biggest threat,” Senator Green said.

“We have not wasted a single day since coming to office – we’re taking action to reduce emissions, preparing our economy for a clean energy future and delivering significant investment in protecting the Great Barrier Reef.”

Minister for Climate Change and Energy Chris Bowen said parliamentary passage of the Safeguard Mechanism Bill was a landmark achievement for Australia’s economy and the climate.

“These reforms will safeguard our economy, safeguard our climate and safeguard our future,” he said.

“Passage of this legislation is the culmination of extensive feedback from Safeguard businesses, industry associations, climate and community groups, academics and private individuals.

“These reforms have been supported across the spectrum

– from the Business Council to the Climate Council, Manufacturing Australia to the Australian Conservation Foundation.

“We thank those across the Parliament who engaged in good faith discussions to ensure accountability, transparency and integrity for the scheme, and ensure flexibility and support for industry.”

The updated Safeguard Mechanism scheme will be in operation as of 1 July 2023.