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Final Warning

Follow The Money

00:00

The Pros and Cons of No New Coal and Gas Financing

"We're pretty much just like hitting the gas on new fossil fuel projects with few impediments in the way," she says. "It's not unreasonable to say that actually the safeguard mechanism could result in increasing emissions, predominantly because it's a way of the government looking like it's doing something." The only thing will happen is that the price of offsets will probably increase, Polly adds.

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