A zero for Australia’s climate policy

29 October 2021
| By Outsider |
image
image
expand image

After years discussing the ins and outs of superannuation, Tim Wilson, has been thrown in the deep end with his new Parliamentary role, defending the Government’s controversial climate action plan.

Liberal MP Wilson, who became Assistant Energy Minister in September, was called upon to defend Scott Morrison’s program ahead of the United Nations Climate Change Conference in Glasgow.

The 130-page plan was widely criticised for its lack of specificity, focus on emission offsets and failure to target net zero earlier than 2050.

While Outsider is not a regular listener, his colleagues inform him that Wilson appeared on Triple J’s Hack programme, an ABC radio show aimed at young Australians, to defend the policy. Outsider expects this is a slightly different audience to the ones who had been watching Wilson on Parliament TV.

During the show, Wilson spoke on solar energy, coal mining and hydrogen hubs, which Outsider was surprised he had so much information on given he was debating Your Future, Your Super reforms just a few weeks ago. 

Given Australia’s superannuation system is recognised as one of the best in the world, Outsider wonders if Wilson can apply some of what he has learnt to improving its climate change policies, which are... ahem… less lauded by the world.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Graeme

FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...

6 hours ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

7 hours ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

3 days 7 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND