Environment and climate features in 2023 Federal Budget

The 2023 Federal Budget has promised increased funding and programs supporting climate and environmental initiatives. Snapshot This is the first Federal Budget since the Government committed Australia to a 43% emissions reduction target by 2030 and net zero by 2050 and the release of the State of the Environment Report.  The Budget contains key funding … Read more

Conservation and development outcomes to improve under NSW biodiversity reforms

The NSW Government has finalised the Cumberland Plain Conservation Plan and announced the establishment of a Biodiversity Credits Supply Fund and Taskforce. These initiatives seek to simplify the biodiversity assessment process for parts of Western Sydney and fast track the acquisition of biodiversity credits throughout NSW while improving conservation outcomes. Read more

Reforming the Safeguard Mechanism

Government has announced that it will review the operation of the Safeguard Mechanism with a view to reducing greenhouse gas emissions from Australia’s highest emitting facilities. Comments on the discussion paper are due by 20 September 2022, with key issues in the discussion paper being calculation of baselines, the use of crediting mechanisms. Read more

The Third Wheel Podcast Series: ESG in Australia Episode 18

By Timothy Stutt and Kathryn Pacey Episode 18 – The need for speed (and pragmatic pathways) with Dr Chris Greig, Princeton University Tim Stutt and Kathryn Pacey are joined by Dr Chris Greig, Princeton University to discuss the energy transition, industry decarbonisation, technology and investment. Dr Greig shares the origin story and highlights of Net-Zero America, … Read more

19 projects under the EPBC Act the subject of reconsideration requests

The Environment Council of Central Queensland has submitted reconsideration requests for 19 projects under section 78A of the Environment Protection and Biodiversity Conservation Act 1999 (Cth) (EPBC Act). The projects are all coal and gas projects, principally but not exclusively in Queensland, that are currently undergoing assessment under the EPBC Act. Read more

NT prepares to introduce environmental chain of responsibility legislation

In June 2022, the Northern Territory Department of Environment, Parks and Water Security (DEPWS) released a consultation draft of the Environment Protection Legislation Amendment (Chain of Responsibility) Bill 2022 (NT) (Bill). The Bill has significant impacts on the liability of directors, associated entities, financiers, shareholders and others for environmental offences but only in relation to petroleum activities at this time. Read more