Eight years after Liberal MP Greg Hunt pushed through the “safeguard mechanism” under prime minister Tony Abbott, the Albanese government is proposing to use it to slash the emissions of our largest polluters.
It is ironic that the advent of rational thinking in Australia’s chaotic and drawn-out carbon reduction policymaking means the utilisation of a safeguard mechanism introduced by the government of climate sceptic prime minister Tony Abbott.
Following Abbott’s ditching of Labor’s carbon tax, then-environment minister Greg Hunt pushed through legislation that included a safeguard mechanism.
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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
