Safeguard Mechanism Under Review | Adelaide News

Australia’s biggest polluters are under the microscope as the government reviews the Safeguard Mechanism — the policy capping emissions from over 200 major industrial sites. With climate targets of a 43% cut by 2030 and 62-70% by 2035, experts are questioning whether current rules, which rely heavily on carbon offsets, are actually driving real emissions reductions. The review, led by Energy Minister Chris Bowen, will examine if caps are tight enough and whether offsetting needs reform — especially for heavy industries like steel and mining. Public consultation ends September 18, with a final report due early 2027.

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