Australia blows Paris carbon targets sky high

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Released into the holidays as usual:

Australia has a target of reducing emissions to 26 to 28 per cent below 2005 levels in 2030. The current estimate is that cumulative emissions reductions of 695 Mt CO2-e (26 per cent reduction) to 762 Mt CO2-e (28 per cent reduction) will be needed over the period 2021–2030 to meet Australia’s 2030 target.

What a pack of arsehats we are, with an appalling liar for a leader:

In response to a damning IPCC report earlier this year on the state of the climate, Prime Minister Scott Morrison said Australia was on track to meet its targets “in a canter”.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.