Meeting emissions targets could make us homeless

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I have argued repeatedly the impossibility of Australia meeting its 43% emissions reduction targets while it runs an extreme mass immigration policy.

The reason is obvious: continually adding hundreds of thousands of new consumers and energy users to Australia’s population every single year necessarily increases Australia’s carbon footprint (other things equal), running directly counter to the goal of cutting the nation’s emissions.

Consider the latest Intergenerational Report’s (IGR) projections for Australia’s population. It projects that Australia will add 13.1 million people (a 50% increase) over the next 40 years on the back of extreme immigration levels of 235,000 people a year. That is the equivalent of adding another Sydney, Melbourne and Brisbane to Australia’s current population.

Australia's forecast population level

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.