Anthony Albanese rules out banning fossil fuel projects, citing risk to Australian economy

PM says if Australia didn’t export coal there would be ‘replacement coal from other countries that’s likely to produce higher emissions’

Anthony Albanese says Labor will not support a moratorium on fossil fuel projects because doing so would have a “devastating impact on the Australian economy”.

Ahead of the introduction of legislation on Wednesday enshrining Labor’s 2030 and 2050 emissions reduction targets, the prime minister told ABC TV on Tuesday night a moratorium was “the policy of the Greens”.

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