Australian government stands by safeguard mechanism’s design and indicates it will not change in response to lobbying
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The Albanese government is resisting a push by Japan for a major new Northern Territory gas export development to be given special treatment under Australia’s revamped emissions reduction policy.
The Kishida government has lobbied the Albanese government over its concerns about Australia’s safeguard mechanism, a climate policy that requires major industrial polluters to either cut greenhouse gas emissions intensity – how much they emit per unit of production – or pay for carbon offsets.
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