Australia passed a landmark climate bill on Thursday, bringing the resource-rich country back in line with the global push to cut carbon emissions after years of pushing back against such efforts.
The climate change bill mandates that the country reduce carbon emissions by 43 per cent from 2005 levels by 2030 and reach net zero emissions by 2050.
The policy was a crucial plank of Labor prime minister Anthony Albanese’s election campaign this year and brings Australia broadly in line with countries such as Canada and Japan. The targets lags behind goals set by the US, UK and EU.
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