Showing posts with label solid last in climate stakes. Show all posts
Showing posts with label solid last in climate stakes. Show all posts

11 August, 2015

Abbott Government aims for 'solid last' in climate action stakes


I

t is now official: the Abbott government is aiming for a solid last in global climate action stakes.

The Coalition government confirmed on Tuesday it will set a greenhouse emissions reduction target of a minimum 26 per cent below 2005 levels by 2030, with the possibility of a 28 per cent target as the economic costs become clearer.

The target translates into a 19 per cent cut below 2000 levels by 2030. This is the target that the independent Climate Change Authority says Australia should be trying to achieve within 5 years, rather than 15, and it is less than half the 40-60 per cent reductions for 2030 recommended by the CCA.