Climate change was a key issue in Australia’s latest election
Letter from Australia: Labor victory positive for CCS
Australia’s upstream industry could be poised to benefit from the election of a Labor government for the first time in almost a decade
The Australian federal election on 21 May removed the Liberal-National government that had held power since 2013, the past four years of which under Prime Minister Scott Morrison. As of 26 May, the Australian Electoral Commission had called Labor as the winner with 75 seats and votes still being counted. The party needs just 76 seats to form a majority government, and it appears almost certain to gain the numbers needed to govern without the support of crossbenchers. Climate change was a key issue for voters. The outgoing government only last year reluctantly committed to reaching net-zero emissions by 2050 and reiterated its 2030 target of 26-28pc below 2005 levels in the face of strong dom
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
