Tag: Net-Zero
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Nationals drop net zero target from platform
What happened at the grassroots vote The Nationals’ grassroots members have voted to ditch the party’s net zero emissions target from its platform, setting the scene for a formal scrap at a Sunday morning party meeting. The move follows months of debate within the conservative party about climate policy, economics, and regional priorities. While the…
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Nationals Vote to Ditch Net Zero Target: A Turning Point for Australia’s Climate Debate
Nationals grassroots vote signals a major shift on climate policy The Nationals’ grassroots members have voted to strip net zero from the party platform, a move that could pave the way for formal changes at a forthcoming meeting on Sunday. The outcome reframes the debate over climate policy within a key coalition partner and raises…
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Liberal MPs Debate Net Zero Terms as Climate Strategy Evolves
Background: A party in transition In recent weeks, Liberal MPs gathered for a lengthy three-hour meeting focused on climate policy and messaging. The central question: should the party continue to foreground the term “net zero by 2050,” or should it adjust its rhetoric while maintaining a robust plan to cut emissions? The discussion reflects broader…
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Liberal MPs push to drop net zero term in climate debate
Overview: A debate within the Liberal ranks In a three-hour Friday meeting, Liberal party members discussed the future of the country’s climate policy, with a broad consensus on the goal of reducing emissions but a split over a legislated pledge to reach net zero by 2050. The crux of the discussion centered on whether to…
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Liberals Debate Net-Zero Term in Climate Policy
Background: A party rethinking its climate language The Liberal Party faced a key moment this past Friday as MPs gathered for a three-hour meeting to discuss the party’s climate strategy. The central question: should the party keep using the term “net zero” to describe its emissions goals, or abandon the familiar phrase in favor of…
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Australia Live: Victorian Parliament Passes Nation’s First Indigenous Treaty as Coalition Plans Net-Zero Strategy Meeting
Australia News Live: A Historic Indigenous Treaty in Victoria In a landmark moment for reconciliation, the Victorian Parliament has passed the nation’s first Indigenous treaty. This long-anticipated agreement seeks formal recognition and a framework for collaboration between Indigenous communities and the state government. The treaty process has been a focal point of national debates about…
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Global Collaboration Holds the Key to Faster Emissions Cuts Across Sectors, New Report Finds
International cooperation as a catalyst for rapid decarbonization A new Breakthrough Agenda report emphasizes that stronger international collaboration can significantly accelerate efforts to reduce emissions across key sectors. By acting together—through governments, businesses, and international initiatives—the world can harmonize standards, coordinate investments, and unlock finance in ways that are difficult to achieve in isolation. The…
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Net-Zero Banking Alliance Shuts Down: What Happened and What It Means
Origins and Promise: The NZBA’s Global Push toward Net-Zero In April 2021, as part of a broader push to align financial activity with climate goals, former U.N. special envoy for climate action and finance Mark Carney helped found the Net-Zero Banking Alliance (NZBA). The coalition brought together 63 banks from 32 countries, collectively managing about…
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Net-Zero Banking Alliance shuts down after member exodus
The end of an era for climate finance governance The Net-Zero Banking Alliance (NZBA), the industry-led initiative once championed by former U.N. climate envoy Mark Carney, has ceased operations after losing most of its membership. The organization, launched in April 2021, effectively shut down on Friday, four years after its public debut as a collective…
