Coalition carbon targets to be revealed
AUSTRALIAA is at risk of falling to the back of the pack in the global effort to slash carbon emissions while remaining the biggest polluter per person in the developed world.
The Federal Government is reported to be leaning towards a post-2020 carbon emissions reduction target of between 15 and 25 per cent by 2030 on 2005 levels.
The post-2020 target, which will be taken to the United Nations climatechange conference later this year, is expected to be revealed today after consideration by Cabinet and the Coalition partyroom.
It would change the base year from 2000 to 2005, when emissions were among the highest in Australia’s history.
Analysis by the independent Climate Institute shows a 25 to 30 per cent target by 2030 would leave Australia as the worst emitter per capita in the developed world.
It would also position Australia behind most comparable developed nations, including the US, in terms of the size of planned cuts.
Australia agreed along with the international community to limit global warming to 2C from pre-industrial levels – a goal forming the basis of an anticipated global agreement at the UN summit.