Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

WTI Oil prices jump on fears Iran attack will lead disruption

March 1, 2026

OPEC+ Approves Modest Output Hike as Iran War Jolts Oil Markets

March 1, 2026

Oil tankers attacked near Strait of Hormuz as Iran conflict disrupts shipping

March 1, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Chris Bowen mocks Liberals’ equivocation on ‘bare minimum’ target of net zero by 2050 | Chris Bowen
Climate Commitments

Chris Bowen mocks Liberals’ equivocation on ‘bare minimum’ target of net zero by 2050 | Chris Bowen

omc_adminBy omc_adminMay 14, 2025No Comments4 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Chris Bowen has ridiculed the Liberal party for putting net zero by 2050 up for review after its election defeat, comparing it to putting the “sky being blue” up for debate.

The climate change and energy minister also warned that breaking Australia’s bipartisan commitment to the “bare minimum” emissions target risked creating a sovereign risk for renewables investors.

The new Liberal leader, Sussan Ley, on Tuesday left the door open to walking away from net zero, after declaring all the party’s policies would be reviewed after the disastrous election result.

Ley said she would not ignite a fresh “climate war”, insisting there would be “sound, sensible consultation” on the party’s future climate and energy policies.

On Wednesday, Bowen said Ley’s assurance was “difficult to reconcile”.

“I mean, if you’re going to review net zero, I’m sorry, you’re keeping the climate wars going,” he told reporters in Canberra.

“Particularly if you decide to scrap net zero – that’s keeping the climate wars going.”

Ahead of the 2021 UN climate summit, the then prime minister Scott Morrison signed the Coalition up to net zero by 2050 as Australia faced intense pressure to raise its game.

Peter Dutton and the Nationals leader, David Littleproud, retained the commitment in the last term of parliament, with nuclear power pitched as the key to achieving the target.

But the Coalition’s support for the policy is now up in the air, with the Nationals also set to review its position – even after Senator Matt Canavan failed in his bid to replace Littleproud on a platform of dumping net zero.

As of June last year, 104 countries had signed up to the target.

Bowen said that if the Liberals ultimately decided to abandon the target, it would prove Canavan and his allies were “calling the shots”.

“Net zero by 2050 is not a policy, it’s the bare minimum framework that you have to work under,” he said.

“If Sussan Ley is saying that’s up for review, she might as well say ‘the sun is coming up tomorrow is up for review’, or the ‘sky being blue is up for review’.”

The re-elected Albanese government has its own emissions debate to resolve, with a 2035 target due later this year.

skip past newsletter promotion

Sign up to Clear Air Australia

Adam Morton brings you incisive analysis about the politics and impact of the climate crisis

Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Privacy Policy. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.

after newsletter promotion

Bowen confirmed he was still awaiting Climate Change Authority advice on the new target, which was originally due in February but was delayed to allow time to assess the impact of Donald Trump’s return.

He could not provide a timeframe for a decision but said the target would be released “well and truly” before the next UN climate summit in Belém, Brazil, in November.

Australia is vying with Turkey to host next year’s Cop31 summit, with a decision on the successful bidder expected within months.

The global climate negotiations and trade show would be a major coup for Australia, drawing tens of thousands of people to Albanese’s preferred host city, Adelaide.

As climate change minister of the host nation, Bowen would be the natural choice for Cop president, a rotating role that would put him in charge of organising and running the talks.

Asked on Wednesday if he had turned his mind to the position, Bowen said: “That’s something we’ll have more to say when the bid is confirmed.”

In anticipation of a successful Cop bid, Albanese created a new climate related-special envoy role – to be filled by the Labor MP Kate Thwaites – to help lighten the load on Bowen.

Josh Wilson, as the assistant minister for climate change and energy, would also help out.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Winter getting shorter in 80% of major US cities, new data shows | US weather

February 27, 2026

Trump officials move to kill system that protects US from chemical disasters | US Environmental Protection Agency

February 27, 2026

US ‘bullying’ could scupper carbon levy on shipping, warn experts | Shipping emissions

February 26, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Oil tankers attacked near Strait of Hormuz as Iran conflict disrupts shipping

By omc_adminMarch 1, 2026

(Bloomberg) – Two tankers were attacked near the mouth of the Persian Gulf, increasing the…

OPEC+ to boost oil production 206,000 bpd as Iran conflict threatens supply

March 1, 2026

Oil prices forecast to jump despite Opec+ pledge to raise output

March 1, 2026

Oil markets on edge after Trump strike on Iran threatens Hormuz flows

March 1, 2026
Top Trending

ESG Today: Week in Review

By omc_adminMarch 1, 2026

Winter getting shorter in 80% of major US cities, new data shows | US weather

By omc_adminFebruary 27, 2026

Trump officials move to kill system that protects US from chemical disasters | US Environmental Protection Agency

By omc_adminFebruary 27, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

PDVSA, African Energy Chamber sign MoU to boost oil and gas investment

March 1, 2026

Talos Losses Deepen | Rigzone

March 1, 2026

Tankers Halt Near Hormuz After Attacks

February 28, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.