Coalition's climate policy review reveals it will loosen pollution safeguard

Turnbull government will also allow use of international carbon permits and roll over emissions reduction fundThe Turnbull government will allow the use of international carbon permits, roll over its emissions reduction fund and loosen the current safeguard mechanism that sets limits on pollution as part of a review of climate policy released on the same day as a ministerial reshuffle.The late-year release of the climate policy review, which points to allowing Australian businesses to increase their emissions as their production grows, comes as new figures confirm Australia's annual greenhouse gas emissions are the highest on record when emissions from land use change are excluded, as well as projections suggesting the country will increase its emissions all the way to 2030 and beyond. Continue reading...