The latest announcement of Labor’s promised climate policy, unveiled by Climate Change Minister Chris Bowen in Gladstone, Queensland, on January 10, will impose mandatory limits on carbon-dioxide emissions to achieve Labor’s target of 43 per cent emissions reductions by 2030. The limits are backed by financial penalties on the so-called “biggest polluters” – those that emit more than 100,000 tonnes of carbon dioxide a year.
These so-called polluters include the major electricity gen…
