Good afternoon. Australia will aim to cut greenhouse gas emissions by between 62% and 70% of 2005 levels by 2035 under the federal government’s new climate target .
Anthony Albanese announced the long-awaited target after cabinet accepted the advice of the Climate Change Authority (CCA), calling it “the right target to protect our environment, to protect and advance our economy and jobs and to ensure that we act in our national interest and in the interest of this and future generations”.
The target, which is less ambitious than the UK’s but higher than New Zealand, Japan and Canada’s , is well below what the CCA thought was “ambitious, but achievable” early last year when it nominated a 65% to 75% range – a possible attempt to stave off criticism from business groups.
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