An exclusive report in The Australian on Tuesday indicates Prime Minister Scott Morrison will avoid Australia signing up to an internationally imposed requirement for net-zero emissions by 2050, by setting a technology investment target instead.
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| Scott Morrison - he has a plan to avoid net-zero emissions target. |
The idea of a technology target is to make an investment in energy generation economic which may lead to a reduction in emissions.
This development comes as the business community has escalated demand for reaching net-zero carbon emissions by 2050, against a backdrop of tensions within and between the Liberal party and the Nationals.
The position of the peak body for big business, the Business Council of Australia, is that Australia needs to spend “at least” $22billion a year on new investment in technology to reach the target.
Read the story from Women’s Agenda by Georgie Dent - “PM Scott Morrison’s new plan to avoid a target for net-zero emissions by 2050.”
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