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ARTICLE · 22 DECEMBER 2017

2017 review of climate change policies: stable, predictable but scalable?

It's a case of "steady as she goes" when it comes to the conclusion of the review of Australia's climate change policies.

AustraliaEnvironment

It's a case of "steady as she goes" when it comes to the conclusion of the review of Australia's climate change policies.

On 19 December 2017, the Federal Minister for Environment and Energy, Josh Frydenberg released the long awaited review of Australia's climate change policies. It essentially concludes that the current policy suite, with some adjustments, provides the right approach to achieving emissions reductions in line with Australia's international commitment, while maintaining energy security and affordability, and preserving competitiveness of industries.

In the Review, the Government has reiterated its commitment to meet Australia's emission reduction target under the Paris Agreement of 26-28% below 2005 levels by 2030. However, it has continued to spurn the approach of having a single economy-wide policy, such as an emissions trading scheme, believing instead that its existing sectoral specific policy suite will position Australia best to reach that

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