Rupert Murdoch’s many critics were savage on Monday after his Australian newspapers staged a spectacular backflip and embraced the need for faster action on climate change.
Newspapers that once warned of a $600 billion cost from cutting emissions now claimed a $2 trillion benefit from doing the same thing.
Rupert Murdoch’s company, News Corp Australia, has repositioned on
the issue of climate change action. Credit: AP
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“Greenwash,” fumed Kevin Rudd. The former Labor prime minister saw the campaign as cover for Morrison and the Liberals to finally adopt a net zero emissions target for 2050. He called it hypocrisy, too, for suddenly celebrating what the papers had railed against when Labor was in charge.
These aren’t the only somersaults ahead of the United Nations summit on climate change in Glasgow next month. The Business Council of Australia just called for a cut to greenhouse gas emissions of at least 45 per cent by 2030 – the same target it said would wreck the economy when Labor suggested it at the 2019 election.
Climate policy |
But this is why the shift at News Corp is so significant. It is not a provocation – it is a vindication. One of the most experienced people in the Australian debate, John Connor of the Carbon Market Institute, calls it a tectonic shift. The sceptics have woken up to reality. Connor does not say it, but he and others have won. They have forced that awakening.
News had to change. So did Morrison. So did the BCA.
First, the financial markets expect governments and companies to act on climate change, as Treasurer Josh Frydenberg noted in a speech two weeks ago. Costs can be higher for those who do not act.
Climate policy |
A third factor is people in business can see society changing. They know many young people will not work for companies that block action on climate change.
There was no edict at News Corp to tell its strongest voices what to write. Andrew Bolt isn’t changing. In fact, he made a point on Monday of sticking to his guns. The Australian is not part of the campaign, although it endorsed the target of net zero by 2050 in an editorial on Monday.
Barnaby Joyce preparing to back net zero, with conditions |
Whether this issue wins votes for Morrison is another matter. Voters with strong views on climate change can see Morrison is a reluctant convert, so they may prefer Labor and the Greens. Morrison may at best neutralise the issue for others.
So the new dynamic is much more than fodder for the media business. It is a political development. It will have a political impact.
Links
- (Vice) Rupert Murdoch Has Known We’ve Been In A Climate Emergency Since 2006, Documents Show
- (AU ABC Media Watch) Climate Conversion?
- (AU SMH) News Corp About-Turn On Emissions Too Little, Too Late, Scientists Say
- (AU The Age) News Corp’s Climate Change Shame
- News Corp Hasn’t Seen The Light On Climate – They’re Just Updating Their Tactics
- Former Australian PMs Put Murdoch In The Hot Seat On Climate Change
- (AU) News Corp Has Caused Massive Climate Delay, But Its Grip On Power Is Slipping
- (AU) Australians Fed Up With News Corp’s Climate Scepticism
- CDP (formerly the Carbon Disclosure Project)
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