The Economy, Stupid Expectations of net-zero commitment, but policy lags behind
With Australia under pressure to commit to net zero emissions by 2050 before COP26, how would net zero affect the economy? How important are shorter term targets, legal obligations and policies to help deliver any promised cuts? Plus, what's happened to the predicted tsunami of business insolvencies? And, lessons from the Pandora Papers — calls to name and shame tax evaders, and end loopholes in anti-money laundering laws.
Most of the states are already committed to net zero by 2050, a lot of Australian companies are as well. So if the Federal Government makes the same commitment, what difference would it make?
Guests:
Hugh Grossman, Executive Director, RepuTex Energy
Nassim Khadem, business reporter, ABC News
John Winter, Chief Executive, Australian Restructuring Insolvency and Turnaround Association