Original article by Jennifer Hewett, Australian Financial Review
Sott Morrison insists Australia’s climate change policies will be determined here rather than in other countries. This is a polite dismissal of Boris Johnson’s call for “bold action” during this week’s prime ministerial phone chat.
But global capital markets and investors don’t necessarily follow national government agendas, especially from a mid-sized economy deemed to be out of sync with international trends. The intense focus on the impact of COVID-19 has not lessened investor appetite for faster progress on combating climate change.