Pressure on fossil fuels

Original article by James Chessell
The Australian Financial Review – Page: 1 & 8 : 14-Dec-15

Foreign Minister Julie Bishop says the Australian Government will make changes to its Direct Action policy, after delegates at the United Nations climate summit in Paris secured an agreement to reduce carbon emissions. However, Opposition Leader Bill Shorten has urged the Government to abandon the Direct Action policy. The agreement has set a goal of ensuring that growth in global warming remains significantly below two degrees Celsius.

CORPORATES
AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY, UNITED NATIONS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, MINERALS COUNCIL OF AUSTRALIA, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, CLIMATE INSTITUTE (AUSTRALIA) LIMITED, OXFORD UNIVERSITY, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, INDIA. PRIME MINISTER’S OFFICE

Fossil fuel phase-out dumped after revolt

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 8 : 1-Dec-15

Prime Minister Malcolm Turnbull will not sign a global agreement to gradually eliminate fossil fuel subsidies. Opposition from mining companies and farmers was too strong for the Australian Government to ignore. The Fossil-Fuel Subsidy Reform Communique, which the Government was meant to sign on 30 November 2015, was opposed by these two sectors on the grounds that it would cost jobs.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE ENVIRONMENT, MINERALS COUNCIL OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, INTERNATIONAL ENERGY AGENCY, AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED

PM eyes carbon target lift

Original article by Sid Maher, Graham Lloyd
The Australian – Page: 1 & 4 : 30-Nov-15

The Australian Government has ruled out using the United Nations summit on climate change in Paris to change its policy on reducing carbon emissions by 26-28 per cent by 2030. However, Prime Minister Malcolm Turnbull has given indications that this target could be increased when it is reviewed in 2017, although he has described the current target as "reasonable" and "achievable". Australia has also committed to investing $A200m annually over five years to a Green Clim­ate Fund, which Turnbull says is appropriate given the size of its economy.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED NATIONS, AUSTRALIAN LABOR PARTY, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, MICROSOFT CORPORATION, CANADA. OFFICE OF THE PRIME MINISTER, FRANCE. MINISTRY OF FOREIGN AFFAIRS, COMMONWEALTH HEADS OF GOVERNMENT MEETING