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These five companies will be hardest hit by Labor's emissions rules

PUBLISHED
October 21, 2026

New analysis by Emmi reveals that BlueScope Steel, South32, Alumina, Santos, and Woodside are the five ASX 100 companies most likely to face significant valuation impacts due to the Albanese government's recently introduced changes to the safeguard mechanism, which requires large carbon emitters to reduce their emissions by 4.9% annually until 2030.

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