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Australia news live: Albanese heads to Vanuatu to sign $500m deal aimed at countering Chinese influence

‘Nakamal’ agreement has been under negotiation for months and covers security and economic ties. Follow today’s news liveGet our breaking news email, free app or daily news podcastThe Greens leader, Larissa Waters, says multinational oil and gas companies will be the biggest winners if the Albanese government squibs it on a new climate emissions reduction target for 2035.Labor is preparing to release its 2035 emissions reduction target this month, before the prime minister heads to the UN general assembly in New York.Someone wins and someone loses,.With a low Australian target, international coal and gas corporations win, their profits go up while Australians are the ones who have to pay for it in insurance premium increases, in cleaning up after floods and cyclones and in lost profits for farmers and more expensive food for us.And the science says to maintain global temperatures below 2 degrees we need to be at Net Zero by 2035, putting us at the forefront of a swiftly decarbonising world.Strong economy, clean renewable energy, reduced emissions. Seems pretty straightforward to me. Continue reading...

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