Emissions from Australia’s oil and gas industry rose 20% in first five years of safeguard mechanism

Scale of rise prompts warning Australia will struggle to cut emissions if Labor revamp allows new coal and gas

Greenhouse gas emissions from gas and oil extraction in Australia rose 20% in the five years after the 2016 introduction of the safeguard mechanism, a policy supposed to to stop increases.

The scale of the emissions growth, revealed in a new analysis by the Australian Conservation Foundation (ACF), has prompted a warning that the Albanese government will struggle to cut industrial emissions if its planned revamp of the mechanism continues to allow new coal and gas developments.

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(SOURCE) https://www.theguardian.com/australia-news/2022/sep/20/emissions-from-australias-oil-and-gas-industry-rose-20-in-first-five-years-of-safeguard-mechanism

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