Australia Set to Overshoot its 2030 Target by Large Margin

Climate Action Tracker / by Marcia Rocha, et al.
http://climateactiontracker.org/assets/publications/briefing_papers/082015_Australia.pdf [full report]
http://climateactiontracker.org/countries/australia.html [summary]

Without further policies, Australia’s emissions are set to increase substantially – around 27% above 2005 levels by 2030, according to an assessment by an international research analysis, the Climate Action Tracker (CAT).

As its contribution towards the Paris Climate Agreement, Australia has put forward an emissions reduction target of 26-28% below 2005 levels by 2030. The CAT has calculated this to be 16-25% below 2005 levels excluding emissions from land use, but the policies Australia currently has in place are set to see emissions rise from those levels by 27%.

Australia stands out as having not just one of the weakest of the climate targets put forward by an industrialised country, but also for having the weakest polices…

Of the nine industrialised countries assessed, Australia ranks eighth on the rate of reduction in per capita emissions, exceeded only by Russia, and eighth on improvement in emissions intensity for the period from 2012 to 2030, with Canada ranking worst.

The CAT also compared the projected effect of the Australian Government’s new climate policies with that of the previous government’s legislation – now largely repealed.

As a result of the changes in government policy, the cumulative abatement gap between 2013 and 2030 equivalent to roughly three years of Australia’s national emissions.  The recent toning down of the Renewable Energy Target – from 41,000 GWh to 33,000 GWh by 2020 – amounts to a cumulative abatement gap of up to 141MtCO2e…

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