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This was helped by moves by President Biden in the US to re-join the Paris Climate Accord after former President Trump exited it during his presidency.
“Industry funds have said they are seeing a seismic shift in the last month, there has really been a movement and this is driven by the US. The US are starting to get serious on it but Australia has been ignoring it,” Aked said.
“There has been discussion in Australia on ESG parameters but we need to get harder on this and show we are compliant which means being 30% below the carbon intensity benchmark [on greenhouse gas emissions] and reduce by a further 7% each year.”
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