Politics Now Another round of climate wars? "Oh God no!" | Insiders On Background
May 16, 2025
Innes Willox, Chief Executive of the Australian Industry Group and a prominent voice for business interests, discusses the fallout from a recent political shift in Australia regarding climate policy. He emphasizes that reopening the climate wars would bring unnecessary conflict. The conversation navigates through the critical need for clear net-zero guidelines to bolster business investments. Willox also addresses the complexities of nuclear energy investment and the urgent need for government action to enhance energy infrastructure for economic resilience.
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Settled Climate Policy Needed
- Reopening climate wars harms business by creating uncertainty.\n- Industry needs settled climate policy for confident long-term investments.
Commit to Net Zero 2050
- Stick with the agreed net zero by 2050 target for investment certainty.\n- Avoid backing away now to not disrupt businesses' long-term plans.
Net Zero as Economic Opportunity
- Walking away from net zero means losing economic opportunities internationally.\n- Keeping the North Star of net zero guides important business investment decisions.