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

OPEC Moves Meeting to Saturday as Group Weighs Another Hike

July 4, 2025

Turkey Sets 2030 Target to Cut Aviation Emissions by 5% Using Sustainable Fuel

July 4, 2025

Oil dips ahead of expected OPEC+ output increase, Energy News, ET EnergyWorld

July 4, 2025
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

Extreme heatwaves may cause global decline in dairy production, scientists warn | Extreme heat

July 3, 2025

Europe’s extreme pollen triggered symptoms in those not known to have allergies, data shows | Hay fever

July 3, 2025

Scientists warn US will lose a generation of talent because of Trump cuts | Trump administration

July 3, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20254 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

Turkey Sets 2030 Target to Cut Aviation Emissions by 5% Using Sustainable Fuel

By omc_adminJuly 4, 2025

Turkey will require airlines and jet fuel suppliers to meet a 5% emissions reduction target…

One Step Closer To Fusion Power

July 4, 2025

ISSB Launches Major Review of SASB Standards to Strengthen Climate and Industry Alignment

July 4, 2025

Collapsed Prax Group owes up to £250mn in taxes after insolvency

July 4, 2025
Top Trending

Phlair, Carbon Removal to Develop Largest DAC Carbon Removal Project in Europe

By omc_adminJuly 4, 2025

Extreme heatwaves may cause global decline in dairy production, scientists warn | Extreme heat

By omc_adminJuly 3, 2025

Impact Investor responsAbility Appoints Nadia Nikolova as New CEO

By omc_adminJuly 3, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Mark Cuban: AI Could Make a ‘Dude in a Basement’ a Trillionaire

July 4, 20250 Views
Our Picks

OPEC Moves Meeting to Saturday as Group Weighs Another Hike

July 4, 2025

DOF Awarded Multiple Contracts in Brazil, Canada

July 4, 2025

Santos to Supply QatarEnergy 0.5 MMtpa of LNG for 2 Years

July 4, 2025

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
© 2025 oilmarketcap. Designed by oilmarketcap.

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