| The Australian government has released its final draft for a cap on greenhouse gas emissions. The “safeguard mechanism” will form part of the government’s central climate policy, and will fine large businesses for exceeding emissions baselines.
Businesses that produce over 100,000 tonnes of greenhouse gases each year will have their emissions capped. The scheme makes some allowances for power generators and landfill (which produces greenhouse gases as rubbish breaks down), as well as those that expand production while improving their emissions efficiency...............................................Full Article: Source
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