Coalition climate dysfunction is all upside for Labor but the words of Keating ‘to run the joint’ ring true

The Guardian
The Guardian
2M ago
16 views
The Albanese government is urged to continue its net zero policies despite turmoil within the Coalition. This is crucial for Australia's climate commitments and economic future.
Coalition climate dysfunction is all upside for Labor but the words of Keating ‘to run the joint’ ring true
A What happened
In light of the Coalition's internal chaos regarding net zero policies, the Albanese government is urged to persist in its climate commitments. Treasurer Jim Chalmers highlighted the importance of adapting to changing economic eras and avoiding complacency. The Nationals have formally withdrawn their support for net zero, which could hinder Australia's emissions reduction efforts. Labor believes that public sentiment is firmly in favor of climate action, as evidenced by their electoral success. However, the government must tackle significant challenges to meet its 2035 emissions targets, including substantial increases in renewable energy capacity and a shift towards electric vehicles. The political landscape remains precarious, with potential risks for Labor if they fail to deliver on their climate agenda.

Key insights

  • 1

    Coalition's internal conflict: The Coalition is facing significant divisions over climate policy, impacting their political stability.

  • 2

    Labor's climate strategy: Labor is urged to advance its net zero policies despite opposition challenges.

  • 3

    Economic implications: Chalmers warns that complacency could lead to economic mediocrity.

Takeaways

Labor's commitment to net zero is critical amidst Coalition turmoil, requiring decisive action to meet future climate goals and maintain public support.

Topics

Business & Markets Economy Climate & Environment Climate Change

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