Australian PM Resists New Climate Target as US, UK, EU Pledge Ambitious Emission Cuts
Australian Prime Minister Scott Morrison is betting on hydrogen technology as the way forward to cutting greenhouse gas emissions, rather than setting new climate targets like fellow industrialised nations.
On Thursday, the Leaders’ Summit on Climate was held online and chaired by U.S. President Joe Biden.
Prime Minister Morrison told the summit that Australia was on a “pathway to net zero.”
“Our goal is to get there as soon as we possibly can, through technology that enables and transforms our industries, not taxes that eliminate them and the jobs and livelihoods they support and create, especially in our regions,” he said.
MacroBusiness
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at 2:00 pm on April 19, 2021 | 17 comments
Following the Great Pandemic of 2020, the global economy is entering a robust recovery. This new business cycle is not like those that have come after the previous two crises, the Global Financial Crisis and Tech Wreck. Those two crashes were led by the US and the recoveries led by China. This time around, the crisis was led by China and the recovery will be led by the US.
The difference is crucial to asset returns over the coming cycle. Aggregate global growth may appear to be the same at the headline level, but with the US the growth engine and China the caboose, the range and order of asset cars arrayed between them will be very different. So will be the returns for each.
Queensland Premier Annastacia Palaszczuk will not be referred to ethics committee over private emails
Posted Yesterday at 7:46pm
ThuThursday 15
AprApril 2021 at 7:46pm
In his ruling, Mr Pitt said he accepted Ms Palaszczuk s explanation and he would not refer the matter to the ethics committee.
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Queensland Premier Annastacia Palaszczuk will not be referred to Parliament s powerful ethics committee after the state opposition alleged she misled the House over her use of a private email account for official purposes several years ago.
Key points:
Ms Palaszczuk says an email was not sent in relation to her role as Premier but as an ALP member
SA Government defends Labor bullying inquiry as crossbench MPs support wavers following blackmail charge
Posted 3
updated 2
Former Labor MP Annabel Digance is accused of blackmailing SA Labor leader Peter Malinauskas.
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South Australia s Attorney-General is refusing to pause a parliamentary inquiry into claims of bullying and intimidation within the South Australian Labor Party despite it being triggered by a former MP who is now facing blackmail charges.
Key points:
A former SA Labor MP claimed she was bullied into keeping silent about a racist election pamphlet
The Liberal government set up an inquiry into the behaviour
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Australian Labor Party leader Anthony Albanese has endorsed Gladstone Mayor Matt Burnett as the âperfect candidateâ to contest the seat of Flynn at the upcoming election.
Touring Berg Engineering at Callemondah on Thursday morning, Mr Albanese sung the praises of Cr Burnett.
âWhat we see is weâve got a great candidate,â Mr Albanese said.
âWe have got someone who even if he (Ken OâDowd) was running, we think that Matt Burnett makes a better candidate.
âKen OâDowd isnât a bad bloke, but he is part of a bad government that has stopped delivering.