Australia makes biggest carbon polluters curb emissions
CANBERRA, Australia (AP) — The Australian Parliament created landmark new laws Thursday that will make the nation’s biggest greenhouse gas polluters reduce their emissions or pay for carbon credits.
The center-left Labor Party administration said the so-called Safeguard Mechanism reforms are essential to Australia reaching its target of reducing its emissions by 43% below 2005 levels by the end of the decade and net-zero emissions by 2050.