Business Council of Australia backs Zali Steggall’s climate change bill for 2050 net zero target

Group hails ‘science-based, risk-management’ approach as world heads towards net zero emissions

A business group representing mining, retail, manufacturing, banking and energy bosses has formally backed climate change legislation proposed by the independent MP Zali Steggall, saying Australia needs to set a net zero emissions target for 2050 and lay out a path to get there.

The Business Council of Australia used a parliamentary submission to say Steggall’s plan proposed a “science-based, risk-management” approach that lined up with how businesses and their shareholders were increasingly responding to climate change.

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