Australia’s new climate politics will reshape its entire economy with Adam Bandt & David Pocock

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7 • 219 Ratings

🗓️ 12 October 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Climate was the defining issue of this year’s elections in Australia, with independent and green candidates promising climate action sweeping into power. Now the country has a new climate law, enshrining a 43% cut in emissions by 2030. But does it live up to what the science demands? Joining Zero this week are two politicians that were instrumental to passing the bill: Adam Bandt, leader of the Australian Greens, and David Pocock, whose journey from Australia’s rugby captain to politics has made him a deciding vote in the country’s senate.

Read a full transcript of this episode, here.

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Transcript

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0:00.0	Welcome to Zero. I am Akshadrati. This week, old rocks, new politicians and another new climate bill.
0:18.1	There's a famous clip from the Australian Parliament back in 2017.
0:21.6	This is coal. Don't be afraid. Don't be scared. The treasurer, the treasurer knows the rule on crops.
0:27.6	It's cold. Scott Morrison, then the treasurer and soon to be prime minister, brings a lump of coal into the room and taunts the opposition with it.
0:36.6	There's no word for colophobia officially, Mr. Speaker, but that's the malady that afflicts
0:41.3	those opposite.
0:43.3	Over the next few years, even while fires, droughts and floods devastated the country, Morrison
0:49.3	was accused of ignoring the threat of climate change. But the electorate could not ignore those impacts.
0:55.0	Fast forward to elections in May 2022,
0:58.0	and there was a seismic shift in Australian politics.
1:01.0	Morrison's Liberal Party took a drubbing at the polls,
1:05.0	and he was replaced by Labour's Anthony Albanese.
1:08.0	Even more surprising was the success of the Australian Greens and a group of independent
1:12.4	candidates known as the Teals, who promised strong climate action. And now the Labour government
1:18.3	has done what was, not long ago, unimaginable. It has passed a law that binds the country
1:24.3	to a 43% emissions reduction by 2030.
1:28.3	Anthony Albanese's Climate Change Bill is expected to pass through Parliament after
1:32.9	Teal Independence and the Greens reportedly secured concessions to support Labor's 43%
1:40.1	emissions reduction target.
1:42.3	Although the bill is a historic first, many have criticized it for not aligning with what the
1:47.0	country must do to help the world reach its climate goals.
1:50.0	And Australia's ongoing love affair with fossil fuels raises questions about how it will meet
	...

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