Paris targets here to stay

ENERGY Minister Angus Taylor has slapped down calls for the Government to withdraw from its Paris climate commitments.

Mr Taylor said leaving would not lead to a “miraculous drop” in power prices, adding Australia would reach its Paris targets ahead of time.

Paris would not require new interventions in the energy market, nor create new pricing pressures.

“We will reach our emissions targets in the national electricity market well ahead of 2030,” Mr Taylor said in Sydney yesterday.