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The climate bill includes national targets of cutting emissions by at least 43% by 2030 from 2005 an increased investment in renewable energy projects. Last month, Australia’s House of Representatives passed the country’s first climate change legislation in more than a decade. which has now been approved by federal parliament.
Due to be approved in September, following passage through the House of Representatives earlier this month, Labor PM Anthony Albanese’s proposed legislation aims higher than Biden’s, seeking a 43% emissions cut below 2005 levels by 2030. Not if the SEC has its way.
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