The Coalition has vowed to repeal new laws requiring businesses to disclose their greenhouse gas emissions if it wins this year’s federal election, amid expectations the Trump administration is poised to scrap similar rules in the United States.
New Australian laws came into effect on January 1 requiring some large companies to publish a sustainability report alongside their annual financial disclosures, and will next year require the reporting of “scope 3” emissions generated by a company’s suppliers and customers.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
