Labor agrees to absolute cap on emissions to secure Greens backing for safeguard mechanism climate bill
by Paul Karp Chief political correspondent from on (#6A6XV)
Adam Bandt says deal puts significant hurdles' in the way of new coal and gas but Chris Bowen insists it will not kill off new investment
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The Albanese government's signature climate bill targeting big polluters is a step closer to passing after a deal with the Greens including an absolute cap on emissions.
The Greens leader, Adam Bandt, announced the deal on the safeguard mechanism bill on Monday, taking credit for a big hit on coal and gas" that could effectively block half of 116 proposed new fossil fuel projects.
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