Safeguard Mechanism – Estimates – Senator Larissa Waters
The Liberals have vowed to oppose the safeguard mechanism, putting the Greens in balance of power. The Greens have said they are open to good faith negotiations with the government, but the sticking point will be new coal and gas mines.
The documents accompanying the draft safeguard mechanism together with Labor’s emissions projections show pollution from gas will actually rise under the Safeguard, with Labor set to open massive new gas projects before 2030 like the Betaloo, Scarborough, Browse and Narrabri gas fields.
In a time of climate crisis, the scientists, UN Secretary General and the International Energy Agency have all said that to meet climate goals, no new coal or gas projects can proceed.