WA’s environment watchdog has bowed to intense public pressure and will withdraw controversial emissions curbs on major industrial projects.

WA Premier Mark McGowan revealed this afternoon the Environmental Protection Authority will rescind guidelines that required projects producing more than 100,000 tonnes a year of carbon to fully offset their emissions.

The retreat comes after a furious reaction from mining and resources businesses that the policy would put at risk thousands of jobs and tens of billions of dollars in investment.

It also follows a crisis meeting between the Premier and executives from oil and gas majors including home-grown giant Woodside at Parliament this morning.

Mr McGowan used a press conference a short time ago to say the EPA would take the guidelines off the table and instead go out for a period of consultation with industry on how to deal with emissions from WA projects.

Image: EPA Chairman Dr Tom Hatton, The West Australian