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The NSW Government has released a draft Bill for public comment which seeks to amend the concept proposal pathway for projects under the Environmental Planning and Assessment Act 1979 (NSW) (the Act).
The Commonwealth Department of the Environment and Energy has released its ‘Review of Climate Change Policies’ Discussion Paper dated March 2017.
The purpose of the review is to consider whether current climate policy settings will deliver Australia’s 2030 target of reducing emissions by 26 to 78% below 2005 levels by 2030, and Paris Agreement commitments.
The review is also driven by a broader recognition at the Commonwealth level that there are economic impacts to be balanced in reducing emissions and meeting Australia’s international commitments. In this regard the Discussion Paper expressly provides that the review will include a focus on electricity prices for end users.
While the review presents business with a key opportunity to inform the national policy debate on this issue, the Discussion Paper does not articulate any policy options to address the opportunities and challenges involved in reducing Australia’s emissions from the electricity, resources, manufacturing, waste, transport, land and agriculture sectors. The last date for submissions is 5 May 2017.
Australia’s key climate change policies are as follows:
Other emissions reduction policies which will be subject to the review (and which are summarised in the Discussion Paper) include:
In our view there is a material risk that current climate policy settings will not enable Australia to meet its 2030 target of reducing emissions by 26 to 78% below 2005 levels by 2030, or Paris Agreement commitments.
To achieve that objective the specific terms of reference for the review is broad, and will look at :
While the Discussion Paper poses a number of questions in respect of the above issues, it does not articulate any policy options to capture opportunities or resolve the many challenges facing Australia if it is to achieve its 2030 target without adversely impacting the economy.
The last date for submissions on the Discussion Paper is 5 May 2017 with the review process to conclude by the end of 2017.
If you would like any assistance preparing a submission to the Department, or have any questions in respect of the implications of the Discussion Paper for your business, please contact Ben Fuller.