Carbon wars won’t help reach Australia’s climate target
The warning from the boss of one of Australia’s largest energy companies underlines the irrationality of other self-imposed political and policy obstacles to possible technology pathways to reducing emissions.
Opposition Leader Peter Dutton’s declaration that a Coalition government would junk Labor’s interim target to reduce greenhouse gas emissions by 43 per cent below 2005 levels by 2030 – and not nominate a replacement target until after the next election – has unfortunately reignited the carbon wars that have plagued attempts to decarbonise Australia’s fossil fuel-intensive economy for the past two decades.
Yet Mr Dutton’s claim that Australia is falling well short of this legislated target on the way to net zero by 2050 under the Paris climate change accord is what many climate activists, energy companies and The Australian Financial Review have been saying.
Loading...
The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
