Australia Sets Zero Net Emissions Target by 2050

Coal-rich Australia has unveiled a net zero-emissions target by 2050, in a plan that shies away from details and short-term targets ahead of a landmark UN climate summit.

Widely regarded as a country that has been slow to act on climate, Australia is one of the world’s largest exporters of coal and gas.

For at least eight years, his conservative government has resisted action to reduce emissions, regularly approving new coal projects and raising doubts about climate change.

Australian Prime Minister Scott Morrison speaks at the Houses of Parliament in Canberra, Tuesday, 19 October 2021. (Photo: AP)

Australian Prime Minister Scott Morrison speaks at the Houses of Parliament in Canberra, Tuesday, October 19, 2021. (Photo: AP)

Under pressure from both at home and abroad, PM Scott Morrison on Tuesday announced a change of approach and acknowledged that “the world is changing.”

Australians want policies that are “right on climate change,” he said, adding that the phenomenon was “real, happening. We understand and acknowledge it.”

It’s just not clear how Australia will achieve net zero emissions by 2050, with the government refusing to disclose the modeling.

The plan will invest $15 billion in low-emissions technology over the next decade, but will also rely heavily on unproven technologies and carbon offsets, which critics have denounced as a calculating gimmick.

Morrison is also keen to emphasize that he is not abandoning longstanding support for the country’s lucrative fossil fuel industry.

“This will not shut down our production or exports of coal or gas,” Morrison told a news conference. “This will not harm employment, will not harm agriculture, mining or gas,” he continued.

The announcement comes just days before Morrison departs for the UN’s COP26 climate summit in Glasgow. [uh/ab]

Check Also

China’s Military Power Is Expected To Overtake The US And Russia In The Near Future

A US military general warned that it was only a matter of time before China’s …

Leave a Reply

Your email address will not be published.