AUSTRALIA CLIMATE CHANGE AUTHORITY DEEMS EMISSIONS TARGET INADEQUATE

11/04/2013

Australia’s Climate Change Authority—a group founded in 2011 that conducts independent research and analysis on climate change—has deemed the country’s target of a five percent cut in carbon emissions to be inadequate. According to the Authority, a 15 to 25 percent reduction in carbon emissions by 2020 would put Australia “more in line with what other countries are doing,” and a report by the Authority even recommended a target reduction of 35-50 percent by 2030. The government, however, largely dismissed the report; according to Minister of the Environment Greg Hunt, the government will not consider changing the carbon emissions target until the United Nations meeting in Paris in 2015. Business groups are also resistant to revising the emissions target. Chamber of Commerce and Industry chief economist Greg Evans, for example, believes the Authority is showing “no understanding of economic reality if it is recommending these aggressive emission targets be imposed on the Australian economy.” For the full story, see http://www.smh.com.au/federal-politics/political-news/authority-seeks-deeper-cut-to-emissions-20131030-2whhz.html. For more on the Climate Change Authority, see http://climatechangeauthority.gov.au/