#emissiontargets — Public Fediverse posts

I can’t say I wasn’t aware of the greenwashing that’s going on on the back of the fuel tax credit (FTC) scheme, but it doesn’t hurt keeping up to date with the rorts purpetrated by our mining and extracting industry giants. This tax-payer funded rort, just keeps getting better and better despite the revelations in independent media. Not that our #Labor govt is inclined to stamp it out apparently. Seems like we can do both, meet our paultry emission targets AND pay big poluters to, well… polute some more. How inane is that. This is govt taking the rest of us for #numpties. This BS can’t be allowed to go on. We need #AlboPM to end the FTC schemes at least for big business if he’s not gutsy enough to cut the #Farmers out as well.

“The analysis by Naru Research found the top 18 FTC scheme recipients, mostly multinational iron ore mining and coal companies, collectively received $3.3 billion in credits but only faced an estimated $150 million in compliance costs under the Safeguard Mechanism.

“Australia’s biggest industrial greenhouse gas emitters are being paid to pollute,” stated researcher Tim Baxter.”

https://thepoint.com.au/new/260731-australias-biggest-industrial-emitters-are-being-paid-to-pollute-new-analysis-finds

#SafeguardMechanism #ClimateAction #EmissionTargets #GlobalWarming #ClimateCrisis #FTC #ExtractiveIndustries #FossilFuels #CarbonReductionFramework #AusPol #EnvironmentUnderThreat #NetZero

We are falling short of the Paris Agreement’s targets

Scientists at Utrecht University have uncovered a hidden bias in how fairness and ambition have been judged that rewards big polluters and penalises vulnerable nations

https://scitechdaily.com/has-climate-math-been-rigged-this-whole-time/

#climateChange #globalWarming #ParisAgreement
#emissionTargets #SciTechDaily

India is on track to achieve its emission targets well before 2030, according to a report by IFC1. The report praises India’s climate actions, such as expanding renewable energy, issuing green bonds, and joining the NGFS network. The implication is that India is a global leader in green finance and low-carbon development. #India #EmissionTargets #IFC

https://bhaskarlive.in/india-on-path-to-achieve-emission-targets-well-before-2030-ifc-report/?utm_source=flipboard&utm_content=HariTulsidas%2Fmagazine%2FArchetypes

Chennai talks: G20 nations fail to agree on emission reduction targets https://www.euractiv.com/section/climate-environment/news/chennai-talks-g20-nations-fail-to-agree-on-emission-reduction-targets/?utm_source=dlvr.it&utm_medium=mastodon #ClimateChange #emissiontargets #G20 #India #VirginijusSinkevičius