Prime Minister Anthony Albanese has raised the country’s 2030 emissions reduction target to 43 per cent, saying it is “preparing Australia for a prosperous future, a cleaner, cheaper energy future”.
Climate action has plagued politics in Australia, a country where fossil fuels are still important for exports and feed the majority of domestic energy production.
During his election campaign, Mr Albanese and his center-left Labor party vowed to “end the climate war” and raise Australia’s emissions targets.
He said the new goal would give the business the certainty it needs to “invest over a longer period of time than the three-year political cycle”.
Anja-Isabel Dotzenrath, BP’s executive vice president of gas and low carbon energy, said the company believes that “Australia has the potential to be a powerhouse in the global energy transition”.
Anthony Albanese submits more ambitious 2030 emissions target to UN Source link Anthony Albanese submits more ambitious 2030 emissions target to UN