About 100 countries at UN climate talks challenge Australia's use of carryover credits

Australia’s plan to use an accounting loophole to meet its international emissions targets has been formally challenged at UN climate talks, with about 100 countries wanting the practice banned under the Paris agreement.

Extinction Rebellion protesters at the COP25 UN climate talks
 in Madrid where Australia’s use of carryover credits has been
challenged by about 100 countries.

Delegates from developing countries led by Belize and Costa Rica have introduced a ban on using carryover credits from the Kyoto protocol into the text of the rulebook for the Paris climate agreement, which is being debated at a meeting in Madrid.

It is a crucial debate for the Morrison government as it relies on using the accounting measure to meet its commitment under the Paris deal. The emissions reduction minister, Angus Taylor, arrived in Madrid on Sunday to make Australia’s case at the second week of the talks.

Emissions projections released as Taylor left Australia suggested the Morrison government was on track to meet its 2030 target (at least a 26% emissions cut below 2005 levels), but only if it used carryover credits. Without them it expected emissions to achieve just a 16% cut. Government advisers found Australia’s fair share under a meaningful global deal would be at least 45%.

Read the story from The Guardian by Adam Morton - “About 100 countries at UN climate talks challenge Australia's use of carryover credits.”