We're Not Minimizing the Cost of the Net Zero Transition—These Reforms Will Help

We're not minimizing the cost of the net zero transition—these reforms will help

Getting our response to climate change right will be crucial to getting Australia back on the path to productivity growth.

Commission Suggests Bringing More Industries Under Emissions Cap to Fast-Track Net Zero

The Australian government should consider lowering the threshold for the Safeguard Mechanism to capture more industries as a way to help speed up the push to net zero. That recommendation forms part of the Productivity Commission’s interim report into how Australia can improve its pursuit of net zero. The Commission suggests dropping the Safeguard Mechanism emissions threshold for industrial facilities from 100,000 tonnes to 25,000 tonnes of car…

Reforms to ease net zero transition costs

Getting our response to climate change right will be crucial to getting Australia back on the path to productivity growth. With the right policy settings, we can limit the costs of decarbonising and speed up approvals to unlock the opportunities of cheaper, more abundant clean energy. We can also improve housing to be more resilient to the effects of climate change.Achieving deeper cuts to emissions as we address the more difficult decarbonisati…