Australia is set for new climate legislation after Parliament
passed the Climate Change Bill 2022 and the Climate Change
(Consequential Amendments) Bill 2022 (together, the Climate
Bills). The Climate Bills will come into force following
royal assent.
Snapshot
Details about the original form of the Bills can be found in our
previous blog here. Several amendments have been made in the
form of the Climate Bills now passed by both Houses of Parliament,
including:
- Increased statement of ambition and a new object of the Climate
Change Act to 'advance an effective and progressive response to
the urgent threat of climate change drawing on the best available
scientific knowledge'. A note has been included clarifying that
the 43 per cent emissions reduction target is a floor of ambition
and not a ceiling.
