Rewarding Companies to Do Nothing is Undermining Australia’s Climate Cuts The Australian government's climate policy is a paradox pouring billions into fuel tax credits while attempting to reduce emissions through the Safeguard Mechanism.
This contradictory approach undermines the country's efforts to meet its Paris Agreement goals. Climate Integrity figures show that the top 18 recipients of fuel tax credits collectively received $3.
3 billion in rebates for diesel used off road, while paying just $150 million under the Safeguard Mechanism. The ratio of 22 to one highlights how companies are being rewarded for doing little to reduce their emissions.