Australia has no hope of meeting emissions targets

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The Guardian’s Greg Jericho penned an article bemoaning Australia’s rising greenhouse gas emissions:

Greg Jericho Tweet

“In the 12 months to March, Australia’s greenhouse gas emissions were higher than they were at the end of last year, and even higher than they were at the end of 2021”, Jericho writes.

“Were I to graph it like I would the components of GDP, it would look like this”:

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Rising greenhouse gas emissions

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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.