‘Obscene amount of money’: Anthony Albanese backs potential cap on political donations

Labor leader tells ABC he is open to a donations cap and says ALP zero emissions target could revive the Neg

Anthony Albanese has given in-principle support for a cap on political donations, citing the record $83m donation from Mineralogy to Clive Palmer’s United Australia Party as an example of “obscene” donations that must be curbed.

In a wide-ranging interview on ABC’s Insiders, the Labor leader also confirmed the opposition’s target of net zero emissions by 2050 will include all sectors of the economy and could be achieved in part by adopting the Turnbull-era national energy guarantee in the electricity sector.

Related: Morrison’s roadmap to emissions reduction could turn out to be pap – but it’s not a terrible idea | Katharine Murphy

Engineering and economics NOT ideology and idiocy. Cheapest, cleanest form of energy today is renewables plus storage and is getting cheaper. So transition to clean and cheaper electricity. Couple that with electrification of industry as well as green hydrogen.

Related: Getting to zero net emissions in 2050 is going to be tough – but Labor committing to it is a damn good thing | Greg Jericho

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