Investors lead push for Australian business to cut emissions more than government forecasts

Major investors and super funds will lead a push for the private sector to make much deeper cuts in national greenhouse gas emissions by 2030 than planned by the Morrison government, including setting a target based on what scientists say is necessary.



a herd of cattle grazing on a dry grass field: Photograph: Mick Tsikas/AAP


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Photograph: Mick Tsikas/AAP

The newly created “climate league 2030” is calling on investors, insurers, banks and companies to sign up to a goal of reducing national emissions by at least 230m tonnes a year more than the government forecasts by 2030.

It is equivalent to about a 45% cut by 2030 compared with the 2005 benchmark used by the government – the minimum short-term target recommended by the government’s Climate Change Authority for Australia to play its part in keeping average global heating below 2C. They say action is needed now to put the country on a path to net zero emissions by

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Olivia’s law call aims to cut young driving deaths

Olivia AlkirImage copyright
Family photo

Image caption

Olivia Alkir had plans to study architectural engineering at university

Family and friends of a sixth form student killed in a crash caused by two racing drivers are calling for a change in the law for new motorists.

Olivia Alkir, 17, of Efenechtyd, Denbighshire, was a passenger in a car that crashed while the driver was racing another car in June last year.

Drivers Edward Bell, who passed his driving test a day earlier, and Thomas Quick were jailed for five years.

Denbighshire councillors are being urged to back a petition to Parliament.

It calls for new young drivers to have a black box recorder fitted to their vehicles for the first year, to monitor their journeys.

The petition also wants newly-qualified motorists to be limited to one passenger, who must be a qualified driver.

  • Night driving ‘curfew’ for new drivers considered
  • The tech
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Amtrak says 2,400 jobs could be cut without government bailout

  • Amtrak said Thursday that it could be forced to cut spending that could result in the loss of another 2,400  jobs in total.
  • Amtrak told Congress last month that it would need $4.9 billion in government funding as the pandemic continues to wreck the nation’s economy.
  • The US passenger railroad service already said in September that it was cutting 2,000 jobs.
  • Visit Business Insider’s homepage for more stories.

U.S. government-supported passenger railroad Amtrak said on Thursday that without a new government bailout it could be forced to cut more spending and train services which could lead to the loss of another 2,400 jobs.

Amtrak last month told Congress it needs up to $4.9 billion in government funding for the current budget year, up from the around $2 billion in annual support it usually receives.

The railroad, which said last month it was cutting 2,000 jobs, said on Thursday that without

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Indonesia Passes Law to Cut Corporate Tax, Simplify Labor Rules

(Bloomberg) — Indonesia has rushed the approval of a law aimed at creating jobs and attracting investments, a day before 2 million workers were set to protest against it.



a group of people walking down the street: Workers transport carts loaded with boxes at Tanah Abang market in Jakarta, Indonesia, on Tuesday, Aug. 4, 2020. Indonesia is scheduled to announce its second-quarter gross domestic product (GDP) figures on Aug. 5.


© Bloomberg
Workers transport carts loaded with boxes at Tanah Abang market in Jakarta, Indonesia, on Tuesday, Aug. 4, 2020. Indonesia is scheduled to announce its second-quarter gross domestic product (GDP) figures on Aug. 5.

The parliament agreed to pass the omnibus bill on jobs in a plenary meeting on Monday. That’s one day before labor unions were planning to stage a national three-day strike across 300 cities to reject it. The parliament was previously set to hold its plenary meeting on Oct. 8.

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The law that seeks to simplify and revise more than 70 existing regulations will overhaul the country’s labor rules, make it easier for companies to secure permits and ease foreign ownership rules. Its passage means

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