# Climate Council

Type: organization

Source: Climate Intelligence Brief — https://getclimatebrief.com/entity/climate-council
Canonical HTML page: https://getclimatebrief.com/entity/climate-council

## Timeline

- **2027-07**: First Phase-Out — Initial 25% reduction in credit availability for companies with annual turnover exceeding $500M.
- **2026-03**: Policy Demise — Formal announcement of the phase-out schedule for diesel tax credits across heavy industry.
- **2025-05**: Budget Proposal — Initial framework for the reduction of Fuel Tax Credits for large-scale emitters is introduced.
- **2024-11**: Treasury Review — Australian Treasury begins formal review of fossil fuel subsidies and their impact on net-zero targets.

## Recent coverage (2 stories)

### 63% Chance of Record-Breaking El Niño Supercharged by 1.5°C Warming
2026-07-12 07:52:00 · Sentiment: Negative · Impact: 6/10 · Sources: 3

A strong El Niño colliding with climate-driven warming threatens Australia with extreme fire weather, flash droughts and heat records. NOAA sees a 63% probability of a record-strength event, and the BoM forecasts below-average rain and soaring temperatures.
Full story: https://getclimatebrief.com/story/el-nino-record-strength-63-pct-chance-climate-change-australia

### Australia's Diesel Tax Credit Phase-Out: A Catalyst for Industrial Green Shift
2026-03-10 06:21:24 · Sentiment: Positive · Impact: 7/10 · Sources: 7

The Australian government is signaling the end of the long-standing Fuel Tax Credit scheme, a move hailed as a major victory for climate policy. By removing multi-billion dollar subsidies for diesel, the shift is expected to force a rapid transition toward electric and hydrogen-powered heavy machinery in the mining and agricultural sectors.
Full story: https://getclimatebrief.com/story/australia-diesel-tax-credit-climate-impact

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getclimatebrief.com/guides/methodology for the full editorial methodology.