Carbon reduction lending guidelines developed by Australia’s largest commercial bank will soon be extended to all industries to help accelerate the transition to net zero by 2050.
GT Communications’ Gemma Tognini says Australia must have honest conversations about the technology required to reach net zero because she does not believe in “plunging people into energy poverty for the sake of ideology”.
Prime Minister Scott Morrison will include the forecast for a 35 per cent cut to emissions by 2030 in a formal document at the United Nations summit in Glasgow.
What people are saying?
david wilkes Yep, that’s the way to impress world leaders of your complete incompetence, fudge the figures of a plan that hasn’t even been modelled. What an embarrassment Morrison and “his government” has become to Australia, but now he wants to prove it on a world stage.
Kenneth Krieger Talk about net zero is stupid, with India and China polluting just as much as they always have. Net zero is the IQ of politicians taking bribes to let India and China pollute while Australians lose their standard of living.