MPs Allegra Spender and Zali Steggall and balance of power senator David Pocock call on Labor to limit total emissions up until 2030
Bowen said he understood “the emphasis on possible new facilities in the public debate”, but the safeguard mechanism was “about reducing emissions from all facilities: old and new, industrial and resources-based”.
It applies to facilities that emit more than 100,000 tonnes of carbon dioxide equivalent a year. Each facility is set an emissions limit, known as a baseline. Companies that emit less pollution than their baseline allows would be awarded a new type of “safeguard credit”. These within-scheme credits could be sold to other polluting facilities that emit more than their baseline and need offsets.
“I’m in constructive conversations with the minister,” she told Guardian Australia. “My goal is … to truly deliver on decarbonisation. On this one, it’s certainly a conversation we’re having.”Bowen last week told ABC’s 7:30 that “a lot of those proposals [for new entrants] are factored in and we still get 205m tonnes of abatement”.
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