Prime minister says Neg legislation will not be going any further and he will move to dump Paris emissions targets
Scott Morrison
will move to ditch the national energy guarantee, which cost Malcolm
Turnbull the top job, when parliament sits again next week.
The prime minister told the Weekend Australian the Neg legislation would not be going any further and that he would move to dump the Paris emissions targets.
“The Neg is dead, long live reliability guarantee, long live default prices, long live backing new power generation,” Morrison told the paper. “Next week we will be putting to rest the issue of the legislation ... it won’t be proceeding.
“Largely, we are in that position already anyway so it’s not a major shift. But we just need to put to rest any suggestion that this legislation is going ahead.”
Earlier in the week Morrison was insisting Australia would meet its Paris climate commitments “in a canter”, which contradicted advice from the Energy Security Board that said business as usual would mean the electricity sector would “fall short of the emissions reduction target of 26% below 2005 levels”.
A summary of modelling undertaken by the ESB and released only a
month ago said if no policy was put in place in the electricity sector,
emissions would fall initially, then flatten out and rise towards the
end of the decade to 2030 as forecast demand increased, then dip again
in 2029-30.
The ESB said if the national energy guarantee wasn’t implemented, the national electricity market would “fall short of the emissions reduction target of 26% below 2005 levels”.
News Corp reported Morrison would seek endorsement from cabinet to tear up the Paris emissions target legislation when it meets formally for the first time on Monday.
Australian Associated Press contributed to this report
The prime minister told the Weekend Australian the Neg legislation would not be going any further and that he would move to dump the Paris emissions targets.
“The Neg is dead, long live reliability guarantee, long live default prices, long live backing new power generation,” Morrison told the paper. “Next week we will be putting to rest the issue of the legislation ... it won’t be proceeding.
“Largely, we are in that position already anyway so it’s not a major shift. But we just need to put to rest any suggestion that this legislation is going ahead.”
Earlier in the week Morrison was insisting Australia would meet its Paris climate commitments “in a canter”, which contradicted advice from the Energy Security Board that said business as usual would mean the electricity sector would “fall short of the emissions reduction target of 26% below 2005 levels”.
The ESB said if the national energy guarantee wasn’t implemented, the national electricity market would “fall short of the emissions reduction target of 26% below 2005 levels”.
News Corp reported Morrison would seek endorsement from cabinet to tear up the Paris emissions target legislation when it meets formally for the first time on Monday.
Australian Associated Press contributed to this report
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