Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Australia’s First Climate Law Since 2011 Seals Green Comeback

Sept. 8, 2022, 6:08 AM

Australia passed its first major climate legislation in more than a decade to set legally-binding targets to deepen emissions curbs, sealing the key polluter’s return as a force in global action on planetary warming.

Prime Minister Anthony Albanese’s Climate Change Bill, which legislates a 43% cut to carbon dioxide emissions from 2005 levels by 2030, finally passed the Australian Senate on Thursday, though only after his government accepted it’ll need to continue to accelerate the scale of its ambition.

The target to cut emissions brings Australia closer into line with allies including Canada, South Korea and Japan, but leaves ...