Australia: Law passed in Australia on climate change, aiming to zero carbon emissions by 2050

In Australia, a big step has been taken to keep the environment clean and in view of climate change. The country's parliament on Thursday passed a law with the support of the Greens party and independents, vowing to cut carbon emissions by 43% by 2030 and zero it by 2050. In Australia, the first climate step has been taken since the Labor Party came to power in May. However, the government will face an uphill struggle in passing more environment bills. 

Industry welcomed

After more than a decade of climate policy uncertainty, industry said they welcomed the legislation. Sarah McNamara, chief executive of the Australian Energy Council, said in her statement: "Establishing a policy in law gives businesses and industry more clarity." Backing the climate bill, the Greens party said it could take steps to improve safety nets through legislation against any new coal mines and natural gas projects. 

Legislation expected in Senate in 2023

The safety net covers about 215 industrial sites, including coal mines, liquefied natural gas (LNG) and manufacturing plants, which together contributed to 28% of emissions in 2021. The law could be introduced in the Senate on July 1 next year, where the Labor Party does not have a majority. Passing these bills there would require the support of the Greens and at least one independent member.