21:06

There are a lot of moving parts in climate change at the moment. The government is having another round of ructions about whether to pivot to more credible policies or provide taxpayer support for coal-fired power.

The business groups who once played a prominent role in scuttling climate action are performing a significant about face, demanding government put Australia on the path of net zero emissions by 2050.

Labor is creeping towards some broad statements of principle in its post-election policy.

The independent Zali Steggall has produced a climate policy bill she hopes can be a grand bargain – in the event it can ever get to the floor of the parliament. The Greens have shifted too.

The new leader Adam Bandt is talking about a green new deal– which pushes climate action into a broader economic framework.

With business shifting, Bandt has decided to fire off a letter to the major organisations: the BCA, AI Group, the Minerals Council, seeking backing for a new green deal to (as he puts it) “address the twin crises of economic stagnation and the climate emergency”.

The deal would see the phasing out of fossil fuels. (One suspects the Minerals Council may have some reservations.)

Bandt’s letter says: